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mortality table question

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  • mortality table question

    I encountered this problem:

    "Calculate the probability that a life age 36 who has been insured for two years will live to age 40."

    The solution says to calculate 4_p_[36]+2. Shouldn't this be 4_p_[34]+2 because if you've BEEN insured for two years and you're now 36, then your selection age is [34].

    Thanks

  • #2
    Originally posted by Krieger
    I encountered this problem:

    "Calculate the probability that a life age 36 who has been insured for two years will live to age 40."

    The solution says to calculate 4_p_[36]+2. Shouldn't this be 4_p_[34]+2 because if you've BEEN insured for two years and you're now 36, then your selection age is [34].

    Thanks

    You miss understand the question
    "a life age 36" means that the life insured in the age 36, it is age 38 now . he or she will survive to age 40 . The solution should be 2_p[36]+2,not the 4_p_[36]+2

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    • #3
      I would read this as someone selected at age 34 who is now age 36 so 4_p_[34]+2 like you thought.
      Whether you are the lion or the gazelle, when the sun comes up, you better be running.

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