Hello everyone,this is microeconomics question

2.1 A mortality table has a select period of three years. (1) Find expressions in terms of the life table functions bj4, and ly for (a) 950) (b) appo] (c) 2/ 450) (d) elagsoj+1 (i) Calculate apsa given that: 4150] = 0.01601, 3150 = 096411, 1 = 0.02410, = 0.09272 22 In its premium rate basis, an office assumes a 3-year select period. Functions on this table are indicated by an asterisk. The table is such that: 412+7) = 4+3+1 = 41+2 = 4241 and ultimate mortality follows A 1967-70 ultimate. Assuming further that I; = ly on A 1967-70 ultimate, calculate figgy, for f = 0, 1 and 2. 2.3 A certain life table has a select period of 1 year. At each integer age + , the select rate mortality is 50% of the ultimate rate. Calculate gey , given that es, = 17.5424 and go, = 0.0142. 24 Explain briefly the concept of selection in relation to mortality tables. Define the term "select period" and, using the A 1967-70 table as an example, explain how a select table differs in construction from an aggregate table such as English Life Table No. 12 - Males