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Finding the complete expectation of life

+1 vote
asked Mar 3, 2018 in BUS 3018F - Models by psdj1997 (150 points)
edited Mar 5, 2018 by Njabulo.Dube
This question comes from Question 16a of Models Tutorial 1.

Suppose, in this instance, that \(e_{x} \) relates to the complete expectation of life.

You are given that \(e_{40} = 35 \) and \( \mu_{40+t} = 0.004 \) for all \(t \in [0,3) \). Find \(e_{43}\)
commented Mar 5, 2018 by jolegutko (870 points)

Hello! it's always easier if you put in the question - even just a quick photo of the question? :)

1 Answer

+1 vote
answered Mar 5, 2018 by Alexa Psillos (860 points)

Hi. I am assuming you are referring to Question 16a of Models Tutorial 1. I have attached photos of a worked through solution to this question. If there is anything you do not understand please comment further :) 

Models Tut 1 Q16.pdf (0,2 MB)