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1. Suppose that Demoivre's law holds with ω = 100. Consider two lives (80) and (60).

(a) What is the probability that the first death will occur between time 5 and time 10?

(b) What is the probability that the second death will occur between time 5 and time 10?

2. The following is a portion of a select and ultimate table with a select period of 2 years.

x

q[x]

q[x]+1

qx+2

+ 2

60

0.08

0.14

0.22

62

61

0.09

0.20

0.25

63

62

0.10

0.20

0.30

64

A and B are both age 62. A is a newly selected life, while B was first selected at age 61. What is the probability that the second death of A and B will occur between 2 and 3 years from now?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91710626

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