How Do You Spell AVERAGE FUTURE LIFE?

Pronunciation: [ˈavɹɪd͡ʒ fjˈuːt͡ʃə lˈa͡ɪf] (IPA)

The spelling of the term "average future life" is based on standard English pronunciation rules. The IPA phonetic transcription for this term is ['æv(ə)rɪdʒ ˈfjuːtʃər laɪf]. The first syllable is pronounced as "av" with the "a" sound like the "a" in "cat." The "e" in "average" is pronounced like the "e" in "let." The second word "future" is pronounced with a long "u" sound as in "few." The final word "life" is pronounced with a long "i" sound as in "hi-fi."

AVERAGE FUTURE LIFE Meaning and Definition

1. Average future life refers to the anticipated duration of an individual's life based on statistical data and calculations. It is a term commonly used in demography and actuarial sciences to estimate the average lifespan of a population or a specific group. This measure provides an understanding of how long individuals in a given population are expected to live, considering various factors such as gender, age, health conditions, and historical mortality rates.

   The calculation of average future life is typically based on mortality tables or life expectancy tables, which are derived from historical data on deaths and lifespans. These tables categorize individuals into different age groups and estimate the probability of surviving each subsequent age interval, thus allowing the determination of the average lifespan for a specific population.

   Average future life is a significant factor in various fields, including public policy, healthcare planning, and insurance. It aids in social and economic planning by providing insights into population dynamics and expected lifespan within different demographic groups. For instance, governments can utilize this information to develop appropriate retirement policies or healthcare programs that cater to the needs of an aging population. Insurance companies also rely on average future life calculations to determine premium rates for life insurance policies.

   Overall, average future life serves as a crucial benchmark for understanding and predicting the lifespan of individuals and populations, aiding in decision-making processes across multiple domains.

2. Expectation of life.

   A practical medical dictionary. By Stedman, Thomas Lathrop. Published 1920.

Common Misspellings for AVERAGE FUTURE LIFE

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