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Compute Var(T60) if the distribution function of future lifetime at age 30 (that is, the number of years of life after age 30 ) is
Compute Var(T60) if the distribution function of future lifetime at age 30 (that is, the number of years of life after age 30 ) is given by: F30(t)={1(1t/70)1/51for0t70fort>70 Show your derivation of the expression for variance of T60 in your PDF document while computation is to be performed in a spreadsheet
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