GLOSSARY
Abridged life table. A means for converting mortality rates into the average life expectancy of a hypothetical cohort of 100,000 persons exposed to the mortality rates. In an abridged life table, mortality rates in n-year intervals are used to estimate the expected number of deaths in a hypothetical cohort of 100,000 persons. From these deaths, the mean number of years lived by the cohort is calculated. Although abridged life tables use larger age intervals than standard life tables, the two methods produce similar results as long as the interval is reasonably short.
Accuracy. The extent to which a measured value is representative of its real value.
Analytical horizon. The period over which all costs and outcomes are considered in an ...
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