Week 5 Detailed Learning Outcomes

Actuarial Practice #

n/a #

Actuarial Techniques #

Population structure indicators #

You should be able to define, calculate, and explain the meaning of the following indicators:

1. Sex ratio - at birth, for an age group, and for the whole population
2. Child-woman ratio
3. Dependency ratio - age dependecy ratio and youth dependency ratio
4. Crude birth rate (CBR)
5. Crude death rate (CDR)
6. Specific death rates - gender specific, age specific, and class specific

Comparison of mortality between two populations #

You should be able to understand how to transform mortality of two populations (which have a different age structure) so that it is comparable.

Version 1 #

1. Calculate the CDR for population \(A\)
2. Calculate the SDR for population \(B\), standardised to population \(A\)

Version 2 #

Calculate and compare the SDR for two populations standardised to a third population

Population pyramids #

You should be able to

1. describe the main features of a population pyramid;
2. infer some characteristics of a population from its population pyramid (fertility rate, mortality rate, life expectancy, dependency ratios, population growth);
3. if two pyramids are given, compare fertility rates, life expectancy, dependency ratios, population growth, etc;
4. construct a population pyramid using Excel if data is given.