Mention two uses of life table.

1.	Mention two uses of life table.
Answer» They are used in computation of actuarial of premium, bonus etc, of policies by Insurance Agencies. OR • Life Tables are used in research activities in Biology, Medicine, Pharmacology, Demography, Psychology, Sociology etc. • They are used to study population growth and forecast the size and sex distribution of the Population. OR • Life Tables give Mortality and Survival ratios at different ages. • Life tables give the life expectancy at different age. OR • These are useful in public administration, heath care, planning and population control

Answer»

They are used in computation of actuarial of premium, bonus etc, of policies by Insurance Agencies.

• Life Tables are used in research activities in Biology, Medicine, Pharmacology, Demography, Psychology, Sociology etc.

• They are used to study population growth and forecast the size and sex distribution of the Population.

• Life Tables give Mortality and Survival ratios at different ages.

• Life tables give the life expectancy at different age.

• These are useful in public administration, heath care, planning and population control

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