The function defined by
 |
which is used in actuarial science for specifying a simplified mortality law (Kenney and Keeping 1962, pp. 241-242). Using 
as the probability that a newborn will achieve age 
, the Makeham law (1860) uses
 |
for 
, 
, 
, 
.
Makeham Curve
See also
Gompertz Curve, Law of Growth, Life Expectancy, Logistic Map, Population GrowthExplore with Wolfram|Alpha
References
Bowers, N. L. Jr.; Gerber, H. U.; Hickman, J. C.; Jones, D. A.; and Nesbitt, C. J. Actuarial Mathematics. Itasca, IL: Society of Actuaries, p. 71, 1997.Kenney, J. F. and Keeping, E. S. Mathematics of Statistics, Pt. 1, 3rd ed. Princeton, NJ: Van Nostrand, 1962.Makeham, W. M. "On the Law of Mortality and the Construction of Annuity Tables." J. Inst. Actuaries and Assur. Mag. 8, 301-310, 1860.Makeham, W. M. "On an Application of the Theory of the Composition of Decremental Forces." J. Inst. Actuaries and Assur. Mag. 18, 317-322, 1874.Referenced on Wolfram|Alpha
Makeham CurveCite this as:
Weisstein, Eric W. "Makeham Curve." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/MakehamCurve.html