Determine the survival function and force of mortality

Assignment Help Mathematics

Reference no: EM13167523

The future lifetimes Tx and Ty are independent, and each has the distribution de?ned by the p.d.f.

f(y) = (0.02(10 - t), 0 < t < 100, elsewhere

(a) Determine the survival function and force of mortality of this distribution.

(b) Determine the actuarial present value of a payment of 1, 000 at the moment of death of (x) providing that (y) is still alive , using δ = .04.

(c) Determine the actuarial present value of a payment of 1, 000 at the moment of death of (y) if predeceased by (x), using δ = .04.

Reference no: EM13167523

Questions Cloud

Write a chess-playing computer program : Describe an example of a data set that cannot be represented by a tree, but that be represented by a more general graph. Explain why it cannot be represented by a tree.

For if5 draw an appropriate lewis structure : For IF5 draw an appropriate Lewis structure.

Explain overall reaction for the dehydration of cyclohexanol : Give the overall reaction for the dehydration of cyclohexanol.2. IR spectroscopy will be used to verify the isolated compound is the correct compound (cyclohexene). What stretches (presence and absence) will distinguish the product

What is the molal concentration of glucose : A solution of water (1.86) and glucose freezes at 3.95. What is the molal concentration of glucose in this solution? Assume that the freezing point of pure water is 0.00 .

Determine the survival function and force of mortality : Determine the survival function and force of mortality of this distribution and determine the actuarial present value of a payment of 1, 000 at the moment of death of (x) providing that (y) is still alive , using δ = .04.

Explain molten carbonate fuel cells fueled : Molten carbonate fuel cells fueled with H2 convert as much as 60% of the free energy relased by the formation of water from H2 and O2 into eletrical energy.

What is the volume of 612 moles of argon gas : What is the volume of a balloon that contains 34 moles of calcium bicarbonate?

What is the alpha for the fad followers : The market has an expected return of 12% and the risk-free rate is 4%. What is the alpha for the fad followers?

Explain mass of the precipate collected be more unchanged : Would the mass of the precipate collected be more, unchanged, or less if the residue was washed with hot distilled, deionized water instead

User Account

All Pages