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CT 5 CH 3

S

skharki1

Member
Please explain how tPx is a decreasing function of t. under UDD method.
 
(You are referring to Solution 3.8. Please make your course/Question references as specific as you can, so we can easily find what you are referring to!)
Here's an example: the probability of a life aged x=30 surviving for t=20 years is lower than the probability of the same person surviving t=10 years. So tPx gets smaller as t gets bigger - ie it is a decreasing function of t.
 
Robert Chadburn said:
(You are referring to Solution 3.8. Please make your course/Question references as specific as you can, so we can easily find what you are referring to!)
Here's an example: the probability of a life aged x=30 surviving for t=20 years is lower than the probability of the same person surviving t=10 years. So tPx gets smaller as t gets bigger - ie it is a decreasing function of t.
Click to expand...
Thanks :)
 
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