Actuarial Notes

SOA Exam FAM Sample Question 3.14

Study guide: Exam FAM

You are given the following information from a life table:

x l_{x} d_{x} p_{x} q_{x}
95 - - - 0.40
96 - - 0.20 -
97 - 72 - 1.00

You are also given:

(i) l_{90} = 1000 and l_{93} = 825

(ii) Deaths are uniformly distributed over each year of age.

Calculate the probability that (90) dies between ages 93 and 95.5.

[Question 1 on the Spring 2014 exam]

  • A) 0.195
  • B) 0.220
  • C) 0.345
  • D) 0.465
  • E) 0.668

Answer this question and see the worked solution

Concepts tested

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