Question: Finite Math 200 Question Help Mortality actuarial tables in the United States were revised in 2001, the fourth time since 1858. Suppose that on the

Finite Math 200 Question Help

Finite Math 200 Question Help Mortality actuarial
Mortality actuarial tables in the United States were revised in 2001, the fourth time since 1858. Suppose that on the basis of the new life insurance mortality rates, 2% of 60-year-old men, 2.7% of 70-year-old men, 6% of 80-year-old men, 18.7% of 90-year-old men, and 36.7% of 100-year-old men would die within a year. The corresponding rates for women are 0.5%, 1.9%, 4.5%, 12.9%, and 27.2%, respectively. Express this information using a 2 x 5 matrix. 60 70 80 90 100 Men 2 Women

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