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Mathematics, 12.08.2020 08:01 ajl05

50 POINTS Finding the Likelihood of Survival of Different Clients In this task, you will refer to these life tables published by the US government and find the probabilities of your eight potential clients surviving to the end of their policy periods. Make sure you use the appropriate life table for each individual.

1. What is the probability that Adam, the 18-year-old you’re considering for a 30-year policy, lives to be 48 years old? Adam is an Asian male. There is no specific data for Asian males; look at data in table 2, which is a general table for all males.

2. What is the probability that Sally, the 80-year old you’re considering for a 10-year policy, lives to be 90 years old? Sally is a non-Hispanic white female, so look at the data in table 15.

3. What is the probability the Earvin, the 68-year-old you’re considering for a 10-year policy, lives to be 78 years old? Remember that Earvin is a non-Hispanic black male.

4. What is the probability that Meg, the 39-year-old you’re considering for a 20-year policy, lives to be 59 years old? Meg is an Asian female, but there is no specific life table for Asian females; look in table 3, which is a general table for females.

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50 POINTS Finding the Likelihood of Survival of Different Clients In this task, you will refer to t...
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