The table is an abbreviated version of the 2010 period life table used by the Office of
Question:
The table is an abbreviated version of the 2010 period life table used by the Office of the Chief Actuary of the Social Security Administration. (The actual table includes every age, not just every tenth age.) Theoretically, this table follows a group of 100,000 males at birth and gives the number still alive at each age. Round answers to the questions that follow to the nearest thousandth.
(a) What is the probability that a 40-year-old man will live 30 more years?
(b) What is the probability that a 40-year-old man will not live 30 more years?
(c) Consider a group of five 40-year-old men. What is the probability that exactly three of them survive to age 70?
(d) Consider two 40-year-old men. What is the probability that at least one of them survives to age 70?
Step by Step Answer:
College Algebra
ISBN: 978-0134697024
12th edition
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels