Consider a population in which three decrements are acting, mmQ- y{a{b{c). (i) Write an expression for the
Question:
Consider a population in which three decrements are acting, mmQ-
\y{a\{b\{c).
(i) Write an expression for the probability that a 40-year-old will leave the population because of decrement {b) at age 47 last birthday,
(ii) Write an expression for the probability that a 40-year-old will leave the population because of decrement
(b) or (c)
between ages 44 and 48.
(iii) Write formulae for q^^ and W3Q
.
(iv) If it is discovered that q^^^ + ^1^^ = 1 - p^P for all x > 50, what can you conclude about decrement (c)?
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Related Book For
Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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