Publisher's Synopsis
An Essay on Probabilities: And on Their Application to Life Contingencies and Insurance Offices is a book written by Augustus DeMorgan in 1838. The book is a comprehensive study of the theory of probabilities and its applications to the fields of life contingencies and insurance offices. DeMorgan begins the book by defining the concept of probability, and then goes on to discuss the laws of probability, including the addition and multiplication rules. He also explores the concept of expectation and its applications to insurance and annuities. The book also includes a detailed discussion of the principles of life contingencies, which is the study of the probability of human life and its application to life insurance. DeMorgan covers topics such as the mortality table, the calculation of premiums, and the distribution of benefits. Overall, An Essay on Probabilities is a seminal work in the field of probability theory and its applications to insurance and life contingencies. It is a must-read for anyone interested in the history and development of probability theory, as well as those working in the insurance and actuarial industries.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
