Given the following forces of decrement in an MDT model complete the entries in the service table for the ages 58 to 63, starting with 100,000 at age 58. Round to the nearest whole number. Ha = 0.02 HI = 0.01 death ill-health x < 60 Hr = 10.50 x2 60 retirement 58 100,000 59 60 61 62 63 i) What is the probability that someone aged 59 will retire aged 61? ) What is the associated single-decrement probability that someone aged 59 would die aged 62?

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Given the following forces of decrement in an MDT model complete the entries in the service table for
the ages 58 to 63, starting with 100,000 at age 58. Round to the nearest whole number.
Ha = 0.02
Hi = 0.01
%3D
death
ill-health
x < 60
10.50 x2 60
Hp =
retirement
58
100,000
59
60
61
62
63
What is the probability that someone aged 59 will retire aged 61?
ii) What is the associated single-decrement probability that someone aged 59 would die aged 62?
Transcribed Image Text:Given the following forces of decrement in an MDT model complete the entries in the service table for the ages 58 to 63, starting with 100,000 at age 58. Round to the nearest whole number. Ha = 0.02 Hi = 0.01 %3D death ill-health x < 60 10.50 x2 60 Hp = retirement 58 100,000 59 60 61 62 63 What is the probability that someone aged 59 will retire aged 61? ii) What is the associated single-decrement probability that someone aged 59 would die aged 62?
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