Probability Questions

Probability Questions - You are given the following...

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You are given the following mortality table for problems 1-7: x x q for males x q for females 90 0.20 0.10 91 0.25 0.15 92 0.30 0.20 93 0.40 0.25 94 0.50 0.30 95 0.60 0.40 1. Calculate the probability that a male exact age 91 will die at age 93 or 94. 2. Calculate 2 90:91 p where the (90) is a male and the (91) is a female and the lives are independent. 3. For independent lives male age 92 and female 90, calculate the probability that the second death with occur during the third year. 4. A life insurance company currently has 1000 males insured and 1000 females insured. All 2000 insureds are age 90. All lives are independent. Determine the probability that a randomly selected insured selected at the start of the third year will die during the third year. 5. You are given: i. 10 50 0.100 q ii. 20 50 0.226 q iii. 20|10 50 0.1548 q Calculate 10|10 60 q . 6. For two male lives who are independent, calculate 2 92:92 q . 7. Herman is a male age 92 and Emma is female age 90. Herman and Emma are independent lives.
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Probability Questions - You are given the following...

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