Exercise 1.Assuming survival time (T) in months follows an exponential distribution withscale parameter=0.20.

Provide solutions to 1 to 6:

1. Conditional mortality/failure probability:CM(t | s)=Pr(ss) = 1 - CS(t | s)

• Given survived to time 6 months, what is the probability of dying within the next 3 months?
• Given survived to time 12 months, what is the probability of dying within the next 3 months?