2.4 Pros and Cons of the Kaplan-Meirs estimator

Pros:

• It is commonly used to describe survival.
• It is commonly used to compare two study populations.
• It is intuitive graphical presentation.

Cons:

• It is mainly descriptive.
• It does not control for covariates.
• It can not accommodate time-dependent variables.

With your dataset, obtain the estimated survival curve with the Kaplan-Meier estimator for the time-to-event “bring the payroll to the BBVA”. Try to find some differences between type of client.