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Question 14 5 pts Mortality tables enable actuaries to obtain the probability that a person at any particular age live a specied number of ears.

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Question 14 5 pts Mortality tables enable actuaries to obtain the probability that a person at any particular age live a specied number of ears. Insurance companies and others use such probabilities to determine life insurance premiums, retirement pensions, and annuity payments. According to tables provided by the "National Center for Health Statistics in Vital Statistics of the United States", a person of age 20 years has about an 80% chance of being alive at age 65 years. Suppose three people of age 20 years are selected at random find the probability that exactly two of the three people will be alive 3 age 65

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