PQ-4-331-2011-F

PQ-4-331-2011-F - Practice Questions 4 ACTSC 331, FALL 2011...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Practice Questions 4 ACTSC 331, FALL 2011 1. Consider the accidental death model illustrated by the following figure: Dead - Accident 1 % 01 x + t Alive 0 & 02 x + t Dead - Other Causes 2 (a) Write down expressions or values of t p 00 x , t p 11 x , t p 22 x , t p 00 x , t p 11 x , and t p 22 x for t > 0. (b) Write down Kolmogorovs forward equation for t p 01 x and derive the solution to t p 01 x for t > 0. (c) Write down Kolmogorovs forward equation for t p 02 x and derive the solution to t p 02 x for t > 0. (d) You are given that the force of interest = 0 . 05 and the following transition intensities: 01 60+ t = 0 . 02 , 02 60+ t = 0 . 01 , t 10 . i. Calculate the probability that a life aged 60 is still alive at age 70. ii. Calculate the probability that a life aged 60 will die in the next 10 years due to an accident. iii. Calculate the probability that a life aged 60 will die in the next 10 years due to other causes....
View Full Document

Page1 / 2

PQ-4-331-2011-F - Practice Questions 4 ACTSC 331, FALL 2011...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online