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Research Article 


Using Bayesian Approach In Handling Mortality Ratios Deviations

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly,Radwan Abusaif, Asma Lutfi Hamad.

Abstract
Using Bayesian Approach in Handling Mortality Ratios Deviations was emerged as this research
idea to meet the need of a scientific model handling the deviations resulting from using
standard mortality tables that are inconsistent with the nature of the Egyptian context,where
Bayesian is a high degree of precision statistical estimation approach depends on mixing
information derived from previous experience with newly collected data, has a high degree of
precision. The fundamental and influential difference between mortality rates derived from the
experience outcomes in the Egyptian market and mortality rates derived from tables used in
pricing of life insurance contracts. The results found the equation of the general trend line for
safety margin rates is a sixth-degreepolynomial equation with a significant level of
99%. Equation used to calculate the value of mortality rates based on tabular values was
estimated.

Key words: Bayesian approach, mortality rates, life insurance contracts.


 
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How to Cite this Article
Pubmed Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. Using Bayesian Approach In Handling Mortality Ratios Deviations. EEO. 2021; 20(6): 1694-1710. doi:10.17051/ilkonline.2021.06.165


Web Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. Using Bayesian Approach In Handling Mortality Ratios Deviations. http://ilkogretim-online.org//?mno=15140 [Access: November 20, 2021]. doi:10.17051/ilkonline.2021.06.165


AMA (American Medical Association) Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. Using Bayesian Approach In Handling Mortality Ratios Deviations. EEO. 2021; 20(6): 1694-1710. doi:10.17051/ilkonline.2021.06.165



Vancouver/ICMJE Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. Using Bayesian Approach In Handling Mortality Ratios Deviations. EEO. (2021), [cited November 20, 2021]; 20(6): 1694-1710. doi:10.17051/ilkonline.2021.06.165



Harvard Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad (2021) Using Bayesian Approach In Handling Mortality Ratios Deviations. EEO, 20 (6), 1694-1710. doi:10.17051/ilkonline.2021.06.165



Turabian Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. 2021. Using Bayesian Approach In Handling Mortality Ratios Deviations. Elementary Education Online, 20 (6), 1694-1710. doi:10.17051/ilkonline.2021.06.165



Chicago Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. "Using Bayesian Approach In Handling Mortality Ratios Deviations." Elementary Education Online 20 (2021), 1694-1710. doi:10.17051/ilkonline.2021.06.165



MLA (The Modern Language Association) Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad. "Using Bayesian Approach In Handling Mortality Ratios Deviations." Elementary Education Online 20.6 (2021), 1694-1710. Print. doi:10.17051/ilkonline.2021.06.165



APA (American Psychological Association) Style

Ahmed Mohamed Farhan Mohamed, Raed Ali Alkhasawneh, M. Sh. Torky, Najwa Ibrahimm Elbadly ,Radwan Abusaif, Asma Lutfi Hamad (2021) Using Bayesian Approach In Handling Mortality Ratios Deviations. Elementary Education Online, 20 (6), 1694-1710. doi:10.17051/ilkonline.2021.06.165








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