q16 pleaseeeee Using the select and ultimate table below, calculate the probability that someone currently...

60.1K

Verified Solution

Question

Finance

q16 pleaseeeee

Using the select and ultimate table below, calculate the probability that someone currently aged 72 that was insured one year ago will die between ages 74 and 75.

Age [x]

q [x]

q [x] + 1

q [x] + 2

q x + 3

Attained

age x+3

70 0.0175 0.0250 0.0315 0.0375 73
71 0.0190 0.0275 0.0345 0.0425 74
72 0.0210 0.0300 0.0375 0.0465 75

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students