2Note: the variance is represented by a squared number (i.e. the standard deviation squared). Whole life insuranceAge LivesActuarial ValueSecond Moment55 7,963.680.3114900.14706565 6,752.260.4166400.222551Present value of whole life annuityVariance of whole life annuityPresent value of 10 year term life annuityVariance of 10 year term life annuity Calculate the present value and variance of two life annuities payable continuously in the amountof 40,000 per year.Demographic information:Age55Gender FemaleStatusDisabled RetireeBasis:Interest rate6%Mortality table RPH-2014 Disabled Retiree without mortality improvement.You are given the following values from a life insurance table (actuarial values and secondmoments shown are for whole life insurance payable at the moment of death):

“Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Answered: Whole life insurance Age Lives…

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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An insurance company is looking over accident statistics. They want to model the population of all drivers for the population parameter of the standard deviation and variance of the age of the driver involved in an automobile accident. They have a sample of 100 accidents from around the country. The age of the driver in each of these accidents is provided below. Use Excel to calculate the sample standard deviation and the sample variance. Round your answers to one decimal place. Do not round until you've calculated your final answer "Age of people in accident"48643346436728189044472440202747683248472248217347302918487364454920205066654187873417203176493089672222455023481746382942254720463119214227226621236675744621461969202048238851284918204522313823284939 Standard deviation: Variance:
A printing company spends specific amounts on fixed costs every month. The costs of those fixed costs are in the table. Monthly fixed costs Monthly charges Bank charges Cleaning Computer expense Lease payments Postage Uniforms Monthly cost ($) 373 2691 2606 2580 2535 2165 Find the sample's mean, median, range, variance, and standard deviation using technology. Round to the nearest cent, if necessary. I The mean is The median is The range is The variance is The standard deviation is
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Whole life insurance Age Lives Actuarial Value Second Moment 55 7,963.68 0.311490 0.147065 65 6,752.26 0.416640 0.222551 Present value of whole life annuity Variance of whole life annuity Present value of 10 year term life annuity