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You are given the following mortality table: 68 0.0134 69 0.0147 70 0.0168 71 0.0193 0.0236 73 0.0289 74 0.0356 0.0391 76 0.0456 Now, Aaron
You are given the following mortality table: 68 0.0134 69 0.0147 70 0.0168 71 0.0193 0.0236 73 0.0289 74 0.0356 0.0391 76 0.0456 Now, Aaron and Brenda are both aged exactly 72 and 70, respectively, and both of them is subject to above life table. Assume that Aaron and Brenda are independent with respect to mortality. (a) Find the probability that Aaron will survive in next three years but will die in the following two years. (b) Find the probability that only one of them will die within next two years. (c) Find the probability that the last death of these two lives will occur in the fourth year from now. (d) Find the probability that the first death of these two lives will occur in the fourth year from now
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