Question: For a certain mortality table, you are given: (i) 80.5 = 0.0202 (ii) 81.5 = 0.0408 (iii) 82.5 = 0.0619 Calculate the probability that

For a certain mortality table, you are given: (i) 80.5 = 0.0202

For a certain mortality table, you are given: (i) 80.5 = 0.0202 (ii) 81.5 = 0.0408 (iii) 82.5 = 0.0619 Calculate the probability that a person age 80.5 will die within two years, assuming: a. Deaths are uniformly distributed over each year of age; b. A constant force of mortality between integer ages.

Step by Step Solution

★★★★★

3.35 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To calculate the probability of a person age 805 dying within two years we can use the information p... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

You are given: Deaths are uniformly distributed over each year of age. Ax = 0.4 Ax+5 = 0.57 Ax:5 = 0.62 The annual effective rate of interest is 4.5%. Calculate the expected value of the 5-year...

The probability that a person does his or her own return is 0.85. The probability that a person receives a refund is 0.76. The probability that a person does his or her own return and receives a...

a what is the probability that the person responded Increase oil, gas and coal b what is the probability that the person responded Equally important or had no opinion Suppose we select three people...

Develop a statement that expresses your plans to be a leader in the social work field to address the ethics and effectiveness of technology to provide and evaluate services, conduct research, and aid...

BACKGROUND An SM bond is a 35-year Australian government bond with a face value of $1. They are marketed to consumers saving for retirement (who buy the S part) and investors (who buy the M part)....

Help me with my assignment. The AM92 table is based on the mortality of assured male lives in the UK. (i) As there is no corresponding mortality table for female lives, in order to calculate survival...

Does anyone know where this article come from? I wanna cite it as a resource!! Thanks! 41 Auditing Insurance Companies 41.1 OVERVIEW OF THE INDUSTRY (a) Structure of the Industry, (b) Reinsurance,...

Journal of Autism and Developmental Disorders, Vol. 32, No. 3, June 2002 ( 2002) Descriptive Epidemiology of Autism in a California Population: Who Is at Risk? Lisa A. Croen,1,3 Judith K. Grether,1...

Answer all the questions below.the questions are complete Let 1, 2 be the modes of decrement in a double-decrement table. Suppose that 1 is uniformly distributed over the year of age from x to x + 1...

Wesleyan Economic Working Papers http://repec.wesleyan.edu/ No: 2012-006 Closing the Gender Gap: What Would It Take? Joyce P. Jacobsen January, 2012 Department of Economics Public Affairs Center 238...

E = Em Sin (Wn - Bz) dy in free space, determine 1 Electric flux density Magnetic flux density B 11) Magnetic field intensity A 1) Sketch the E and I fiews at +=0. Guven determine

1. Obtain the DE of the family of circles with center on the line y=x and passing through the origin 2 2. The quartics Cy= x (x-a) with a held fixed x 3. Obtain the DE of the cissoids y = a-x by...

The fourier series expansion for f ( x ) = x 2 , xin [ - , ] is Select one: a . 2 2 3 - 4 n = 1 ( - 1 ) n n 2 c o s n x b . 2 2 3 4 n = 1 ( - 1 ) n n 2 c o s n x 2 3 4 n = 1 ( - 1 ) n n 2 c o s n x d...

Every home football (AFL) game for the past8 years Victoria university has been sold out. The revenue from ticket sales are significant, but the sales of food, beverages and souvenirs has contributed...

Jack Slater is the sole shareholder of an S corporation. During 2018, Jack received a distribution of $20,000. His basis in the stock at December 31, 2017 was $7,000. The S corporation earned...

B. A division-wide aptitude test in Mathematics was conducted to 1000 pupils. The mean of the test is 58 and the standard deviation is 12. The scores also approximate the normal distribution. 1. What...

Write a program to calculate the total cost of ordering a pizza 1. You can build a form where a pizza order can be entered by simply clicking on check boxes and option buttons. 2. Draw three frames....

4. Calculate the total cost of the order according to the following charges: Size: Small $2, Medium $4, Large S6. Toppings: Extra Cheese $0.5, Mushrooms $0.4, Black Olives $0.3, Onions $0.2, Green...

Provide an example that answers these questions: Creating a data story involves understanding your dataset deeply and crafting a narrative that is engaging and insightful. Here's a structure you...

Discuss the basic differences and similarities between the binomial distribution and the Poisson distribution.

The Farmington City Council recently commissioned a study of park users in their community. Data were collected on the age of the person surveyed and the amount of hours he or she spent in the park...

Briefly explain what is meant by an experiment and an experimental design.

3. How well do you think Tony Dieste manages conflict at work? Do you think he is receptive to conflict or do you think he avoids conflict? Why?

2. How well do you relate to others at work? How would you describe the relationships you have with those above and below you? What have you learned from Tony Dieste about relating to others?

1. How can you become more authentic during the interview process? Do different types of interviews allow you to be more authentic than others?