A life insurance product applies a multiple decrement model. Three causes of claims j) namely (1) death, (2) permanent disability, and (3) resignation from the company. The service table for these life insurance products at the ages of 50 to 55 is given as Follows. X 50 51 52 53 54 55 Ex 100000 92212 88034 83664 79106 Specify 1), d(1), d(2) dan d(3). 51 54 53 51 60 62 64 66 70 3684 3820 4036 4416 4600 82 78 76 74 72 a) b) Specify 350' 3190, dan 9(3) 50 50 c) If each decrement has a uniform distribution for each year of age, then determine μ®(1/2) 51
A life insurance product applies a multiple decrement model. Three causes of claims j) namely (1) death, (2) permanent disability, and (3) resignation from the company. The service table for these life insurance products at the ages of 50 to 55 is given as Follows. X 50 51 52 53 54 55 Ex 100000 92212 88034 83664 79106 Specify 1), d(1), d(2) dan d(3). 51 54 53 51 60 62 64 66 70 3684 3820 4036 4416 4600 82 78 76 74 72 a) b) Specify 350' 3190, dan 9(3) 50 50 c) If each decrement has a uniform distribution for each year of age, then determine μ®(1/2) 51
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Actuatial math

Transcribed Image Text:A life insurance product applies a multiple decrement model. Three causes of claims
(j) namely (1) death, (2) permanent disability, and (3) resignation from the company.
The service table for these life insurance products at the ages of 50 to 55 is given as
follows.
X
50
51
52
53
54
55
[(r)
100000
92212
88034
83664
79106
Specify l), d(1), d(2) dan d(3³).
51 54 53
51
60
62
64
66
70
3684
3820
4036
4416
4600
d(³)
82
78
76
74
72
a)
b) Specify 3P50, 390, dan 393)
50
50
c) If each decrement has a uniform distribution for each year of age, then determine
μ®(1/2)
51
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