remaininglife
Remaining life, or remaining lifetime, refers to the amount of time that remains before a specified event occurs, such as death in humans or failure of a component, given current age or state. In statistics and reliability theory, remaining life is treated as a conditional random variable describing future lifetime beyond a given time.
Let T be the total lifetime with survival function S(t) = P(T > t). The remaining lifetime at
In human mortality studies, remaining life features in survival analysis to inform prognosis. In reliability engineering,
Applications include actuarial calculations for life insurance and pensions, medical prognosis, maintenance planning, and warranty optimization.