Fit of the 2011 Indonesian Mortality Table to Gompertz Law and Makeham Law using Maximum Likelihood Estimation

  • Putra D
  • Fitriyati N
  • Mahmudi M
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Abstract

AbstractThis research discusses the estimation of the parameters for Gompertz’s law and Makeham’s law using the Maximum Likelihood Estimation method. A numerical approach to estimate the parameters of Gompertz’s law is the Newton-Raphson method. In the Makeham’s law, we use the Lagrange multiplier method to solve constraints of 0.001

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APA

Putra, D. A., Fitriyati, N., & Mahmudi, M. (2019). Fit of the 2011 Indonesian Mortality Table to Gompertz Law and Makeham Law using Maximum Likelihood Estimation. InPrime: Indonesian Journal of Pure and Applied Mathematics, 1(2). https://doi.org/10.15408/inprime.v1i2.13276

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