We have considered the issue of predicting from diagnosis of a conditi
on such as malignant melanoma survival past an often arbitrarily chose
n fixed time-point, such as 5 years. Prediction of survival past any t
ime-point becomes rather complicated due to the presence of 'censored
observations', and these observations are often ignored in any analysi
s. Censored observations are subjects who either die of causes other t
han the disease of interest or are lost to follow-up. The aim of this
paper is to show that the result of ignoring these 'censored observati
ons' is an underestimation of the probability of survival beyond the f
ixed time-point. Ignoring these censored observations results in poten
tially valuable information on survival being thrown away. This undere
stimation will often prove to be of considerable magnitude and depende
nt on the proportion of censored observations present in the data. It
is therefore essential to carry out a full actuarial survival analysis
which will incorporate all the information contained in these censore
d observations.