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    Gompertz Function

    Definition

    The function defined by y = a b^(q^x). It is used in actuarial science for specifying a simplified mortality law. Using s(x) as the probability that a newborn will achieve age x, the Gompertz law is s(x) = exp[-m(c^x - 1)], for c>1, x>=0.

    Associated person

    Benjamin Gompertz

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