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(Solved): ask an expert Problem # 2: Consider the following double-decrement table, where decrement 1 is quitt ...
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Problem # 2: Consider the following double-decrement table, where decrement 1 is quitting
and decrement 2 is being fired.
Calculate:
(a) _(2)p_(47)^((\tau ))
(b) _(212)q_(45)^((2))
(c) The probability that a person aged 45 will quit between the ages of 48 and
(d) q_(48)^(*)(1)
(e) 0.4p_(49)^(02) assuming constant transition forces for fractional ages.
(f) 0.6p_(47)^(01) assuming UDD in all decrements for fractional ages.