ageweight
Ageweight is a term used in actuarial science and demography to describe a method of adjusting population statistics based on age. It is particularly relevant in contexts where the age structure of a population is expected to change over time or when comparing populations with different age distributions. The core idea is to assign a specific weight to each age group, reflecting its relative importance or contribution to a particular outcome, such as mortality rates, fertility rates, or economic productivity.
These weights are typically derived from empirical data or theoretical models. For example, in mortality studies,
The concept of ageweight is distinct from simple age standardization, which often involves using a fixed, external