Illustration 83. The following data show the length of life of wholesale grocers in a particul- city : Length of life (years) Percentage of wholesalers 0-5 65 5- 10 16 10– 15 15- 25 25 and over 9. 5 5 Total 100 (i) During the period studied, what is the probability that an entrant to this profession will fail within 5 years ? (ii) That he will survive at least 25 years (iii) How many years would he have to survive to be among the 10 per cent longest survivors ?

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The following data show the length of life of wholesale grocers in a particular
| Illustration 83.
The following data show the length of life of wholesale grocers in a
city :
Length of life (years)
Percentage of wholesalers
0-5
65
5– 10
16
10 – 15
15- 25
25 and over
5
Total
100
(i) During the period studied, what is the probability that an entrant to
this profession will fail within 5 years ?
(ii) That he will survive at least 25 years
(iii) How many years would he have to survive to be among the 10 per cent
longest survivors ?
Transcribed Image Text:The following data show the length of life of wholesale grocers in a particular | Illustration 83. The following data show the length of life of wholesale grocers in a city : Length of life (years) Percentage of wholesalers 0-5 65 5– 10 16 10 – 15 15- 25 25 and over 5 Total 100 (i) During the period studied, what is the probability that an entrant to this profession will fail within 5 years ? (ii) That he will survive at least 25 years (iii) How many years would he have to survive to be among the 10 per cent longest survivors ?
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