
The Kaplan–Meier estimator, also known as the product limit estimator, is an estimator for estimating the survival function from lifetime data. In medical research, it is often used to measure the fraction of patients living for a certain amount of time after treatment. In economics, it can be used to measure the length of time people remain une...
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http://en.wikipedia.org/wiki/Kaplan–Meier_estimator
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