In a stationary population of 120,000 lives, the number of deaths is 2000 annually. The complete expectation
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In a stationary population of 120,000 lives, the number of deaths is 2000 annually. The complete expectation of life for a 40-year-old is 30 years. 60% of the population is under age 40.
(a) What is the average age at death for an individual in this population?
(b) What is the average age at death for an individual who dies before age 40?
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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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