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Table 11.1.3. Observed closures in 1983: regular savings accounts
Year Avg age Log of # accts at # of Prop Est. Log est.
open acct's at avg age start of 1983 closures closures cum. cum.
end of 1983 hazard hazard
1983 0.5 -0.693 409 133 0.325 0.3252 -1.123
1982 1.5 0.405 347 110 0.317 0.6422 -0.443
1981 2.5 0.916 257 55 0.214 0.8562 -0.155
1980 3.5 1.253 312 52 0.167 1.0229 0.023
1979 4.5 1.504 310 29 0.094 1.1164 0.110
1978 5.5 1.705 249 35 0.141 1.2570 0.229
1977 6.5 1.872 197 28 0.142 1.3991 0.336
1976 7.5 2.015 152 20 0.132 1.5307 0.442
1975 8.5 2.140 129 17 0.132 1.6625 0.508
1974 9.5 2.251 108 13 0.120 1.7828 0.578
1973 10.5 2.351 89 7 0.079 1.8615 0.621
1972 11.5 2.442 82 8 0.098 1.9590 0.672
1971 12.5 2.526 65 4 0.062 2.0206 0.703
1970 13.5 2.603 50 3 0.060 2.0806 0.733
1969 14.5 2.674 21 2 0.095 2.1758 0.777