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Define Mortality: The following rates are used for measuring mortality.Crude death rateThe annual crude death rate is defined as Crude death rate = annual deaths / annual mean population x 1,000Specific death ratesThe formula for computing specific death rate is:Number of deaths which occurred among a specific age group of the population of an annual death rate specific for age = given geographic area during a given year / mid- year population of the specified age group in the given geographic area during the same year x 1,000Illustration:- compute the crude and standardized death rates of the two populations A and B from the following data
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Annuity A sequence of equivalent money payments made or obtained at equivalent durations over a specific time period.
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