Population projection for the Indianapolis standard metropolitan statistical area : an honors thesis [(HONRS 499)]
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Abstract
This thesis was completed to give me a better understanding of how demography is used in society. It was also done to project the future population of Indianapolis and to see how the city will grow and how its characteristics will change over time. The process of completing the projection involves learning not only how to use the mathematical formulas but where to find the necessary data to be used in the projection. Another benefit from the thesis came in the form of making decisions as to opinions on which data is the "correct" data. There are also decisions to be made as to what should be expected from a population. This gives a new perspective on the actuarial profession where the classes all seem to give the impression that there is always a right answer.