Mathematics, 01.06.2021 06:00 jimena15
Finding the Likelihood of Survival of Different Clients
In this task, you will refer to these life tables published by the US government and find the probabilities of your eight potential clients surviving to the end of their policy periods. Make sure you use the appropriate life table for each individual. https://www. cdc. gov/nchs/data/nvsr/nvsr59/nvsr59_09 .pdf
Part D
What is the probability that client D, the 39-year-old you’re considering for a 20-year policy, lives to be 59 years old? Client D is an Asian female, but there is no specific life table for Asian females; look in table 3, which is a general table for females.
Part G
What is the probability that client G, the 18-year-old you’re considering for a 30-year policy, lives to be 48 years old? Client G is an Asian male. There is no specific data for Asian males; look at data in table 2, which is a general table for all males.
Part H
What is the probability that client H, the 80-year old you’re considering for a 10-year policy, lives to be 90 years old? Client H is a non-Hispanic white female, so look at the data in table 15.
Part I
What is the probability that all of the potential clients would be alive when their respective policies end? Note that each potential client surviving to the end of his or her respective policy is an independent event.
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Finding the Likelihood of Survival of Different Clients
In this task, you will refer to these life...
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