SOA Exam FAM Sample Question 2.8
Study guide: Exam FAM
In a population initially consisting of 75% females and 25% males, you are given:
(i) For a female, the force of mortality is constant and equals \mu
(ii) For a male, the force of mortality is constant and equals 1.5\mu
(iii) At the end of 20 years, the population is expected to consist of 85% females and 15% males
Calculate the probability that a female survives one year.
[Question 3 on the Fall 2016 exam]
- A) 0.89
- B) 0.92
- C) 0.94
- D) 0.96
- E) 0.99
Answer this question and see the worked solution