Jan 16'24
Exercise
You are given:
(i) An excerpt from a select and ultimate life table with a select period of 2 years:
[math]x[/math] | [math]l_{[x]}[/math] | [math]l_{[x]+1}[/math] | [math]l_{x+2}[/math] | [math]x+2[/math] |
---|---|---|---|---|
50 | 99,000 | 96,000 | 93,000 | 52 |
51 | 97,000 | 93,000 | 89,000 | 53 |
52 | 93,000 | 88,000 | 83,000 | 54 |
53 | 90,000 | 84,000 | 78,000 | 55 |
(ii) Deaths are uniformly distributed over each year of age
Calculate [math]10000_{2.2} q_{[51]+0.5}[/math].
- 705
- 709
- 713
- 1070
- 1074
Jan 16'24
Answer: E
[math]{ }_{2.2} q_{[51]+0.5}=\frac{l_{[51]+0.5}-l_{53.7}}{l_{[51]+0.5}}[/math]
[math]l_{[51]+0.5}=0.5 l_{[51]}+0.5 l_{[51]+1}=0.5(97,000)+0.5(93,000)=95,000[/math]
[math]l_{53.7}=0.3 l_{53}+0.7 l_{54}=0.3(89,000)+0.7(83,000)=84,800[/math]
[math]{ }_{2.2} q_{[51]+0.5}=\frac{95,000-84,800}{95,000}=0.1074[/math]
[math]10,000_{2.2} q_{[51]+0.5}=1,074[/math]