Statistically, an individual born in Zambia would have the shortest life expectancy.
According to actuarial data, life expectancy is the average age that a person is predicted to live to. In the field of finance, it is used for a variety of things, including as life insurance, pension planning, and American Social Security benefits. A person born in Zambia would theoretically have the shortest life expectancy.
The calculations for this actuarial age are typically based on a substantial amount of data that is collected by a national statistical organization. Retirement and pension planning, as well as the pricing and underwriting of life insurance and insurance products like annuities, all make use of life expectancy.
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