Like so many of the others on this forum, I've had terrible sinus headaches after having a root canal done 3 weeks ago. It started as soon as the Novocaine wore off. It was almost unbearable for the first 2 days. It began around my right eye and nose (the root canal was in my upper right side).
Survival analysis is generally defined as a set of methods for analyzing data where the outcome variable. is the time until the occurrence of an event of interest. The event can be death, occurrence of a disease, marriage, divorce, etc. The time to event or survival time can be measured in days, weeks, years, etc.
Within finance, survival analysis has applications to several areas, particularly insurance. For instance, a study of death rates would be directly applicable to the calculation of life insurance premiums.