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6 17 100% + QUESTION 7 [TOTAL MARKS: 8] (0) [2] State the Principle of Correspondence in the context of mortality investigations Each January an
6 17 100% + QUESTION 7 [TOTAL MARKS: 8] (0) [2] State the Principle of Correspondence in the context of mortality investigations Each January an insurance company updates its mortality estimates based on the previous years data. The following information has been recorded in respect of pensioners aged 80 for the year 01/01/2018 to 31/12/2018 Reference No. 80th Birthday Date of Death 1 01/06/2017 2 01/08/2017 01/12/2018 3 01/10/2017 4 01/12/2017 V 5 01/02/2018 01/04/2018 6 01/03/2018 7 01/07/2018 8 01/09/2018 01/12/2018 Using the data provided calculate the central exposed to risk for the pensioners and hence calculate the maximum likelihood estimate of the force of mortality at age 80 in 2018 [6] [End of Question8] QUESTION 8 ITOTAL MARKS: 67 6 17 100% + QUESTION 7 [TOTAL MARKS: 8] (0) [2] State the Principle of Correspondence in the context of mortality investigations Each January an insurance company updates its mortality estimates based on the previous years data. The following information has been recorded in respect of pensioners aged 80 for the year 01/01/2018 to 31/12/2018 Reference No. 80th Birthday Date of Death 1 01/06/2017 2 01/08/2017 01/12/2018 3 01/10/2017 4 01/12/2017 V 5 01/02/2018 01/04/2018 6 01/03/2018 7 01/07/2018 8 01/09/2018 01/12/2018 Using the data provided calculate the central exposed to risk for the pensioners and hence calculate the maximum likelihood estimate of the force of mortality at age 80 in 2018 [6] [End of Question8] QUESTION 8 ITOTAL MARKS: 67
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