and assume mortality follows DeMoivre's Law with a ). Determine the expected value and variance of the random ole life policy on this individual.

MATLAB: An Introduction with Applications
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i is e^δ

1. Let x = = 40, 8 = 0.07 and assume mortality follows DeMoivre's Law with a
maximum age of 120. Determine the expected value and variance of the random
variable Z40 for a whole life policy on this individual.
Transcribed Image Text:1. Let x = = 40, 8 = 0.07 and assume mortality follows DeMoivre's Law with a maximum age of 120. Determine the expected value and variance of the random variable Z40 for a whole life policy on this individual.
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