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(Created page with "The SULT Club has 4000 members all age 25 with independent future lifetimes. The mortality for each member follows the Standard Ultimate Life Table. Calculate the largest integer <math>N</math>, using the normal approximation, such that the probability that there are at least <math>N</math> survivors at age 95 is at least <math>90 \%</math>. <ul class="mw-excansopts"><li> 800</li><li> 815</li><li> 830</li><li> 845</li><li> 860</li></ul>")
 
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<ul class="mw-excansopts"><li> 800</li><li> 815</li><li> 830</li><li> 845</li><li> 860</li></ul>
<ul class="mw-excansopts"><li> 800</li><li> 815</li><li> 830</li><li> 845</li><li> 860</li></ul>
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Latest revision as of 01:34, 18 January 2024

The SULT Club has 4000 members all age 25 with independent future lifetimes. The mortality for each member follows the Standard Ultimate Life Table.

Calculate the largest integer [math]N[/math], using the normal approximation, such that the probability that there are at least [math]N[/math] survivors at age 95 is at least [math]90 \%[/math].

  • 800
  • 815
  • 830
  • 845
  • 860

Copyright 2024. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.