Hi, I'm having some trouble obtaining the dependent probabilities from the independent probabilities.
I obtain meu from each independent prob by meu=-ln(1-q_x)
Then I use the dependent prob formula.
However the numbers I obtain is slightly different e.g I get the following for the dependent prob of death for ages 55,56,57: 0.00473, 0.00593,0.00614
Which is different from the answer given.
Would you be able to explain how the answers in the examiner report are obtained?
Thanks!
I obtain meu from each independent prob by meu=-ln(1-q_x)
Then I use the dependent prob formula.
However the numbers I obtain is slightly different e.g I get the following for the dependent prob of death for ages 55,56,57: 0.00473, 0.00593,0.00614
Which is different from the answer given.
Would you be able to explain how the answers in the examiner report are obtained?
Thanks!