Find expressions in terms of q and n for npx

Reference no: EM131002002

1. Suppose that qx is equal to a constant q for all x. Find expressions in terms of q and n for (a) npx, (b) ex. Do you think that this gives a realistic life table? Why or why not?

2. In constructing a life table for heavy smokers, Actuary A decides to take a standard table, and double each value of qx, using a value of 1 if qx > 0.5. Actuary B takes the same table and squares each value of px. Show that the resulting table of Actuary B, has lower mortality rates at all ages than that of Actuary A.

Reference no: EM131002002

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