exercise:C6a461d0d7: Difference between revisions

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#<math>p_k = c(1 + \frac{1}{k})p_{k+1} </math> for <math>k = 1, 2, \ldots </math>
#<math>p_k = c(1 + \frac{1}{k})p_{k+1} </math> for <math>k = 1, 2, \ldots </math>
#p_0 = 0.5  
#<math>p_0 = 0.5 </math>


Calculate c.
Calculate c.

Latest revision as of 15:52, 30 July 2024

A discrete probability distribution has the following properties:

  1. [math]p_k = c(1 + \frac{1}{k})p_{k+1} [/math] for [math]k = 1, 2, \ldots [/math]
  2. [math]p_0 = 0.5 [/math]

Calculate c.

  • 0.06
  • 0.13
  • 0.29
  • 0.35
  • 0.40

Copyright 2023. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.