Computing years of lost life: why actuaries really need to be able to do counterfactual reasoning
Hugh Osmond recently put out this interesting twitter thread:
Although the average age of death in the UK is around 82, if a person reaches 82 then on average (i.e. without knowing any details of the particular person) the person can expect to live about another 8 years. We know the average age of a person dying from Covid is also 82, so it seems reasona…
Keep reading with a 7-day free trial
Subscribe to Where are the numbers? by Norman Fenton and Martin Neil to keep reading this post and get 7 days of free access to the full post archives.