Question 1: Analyze the mortality of individuals after the age of 75 years. Assume the following: 𝑠𝑝 . 𝑥 = 𝑃(𝑋 > 𝑥 + 𝑠|𝑋 > 75) 𝑋 ∼ 𝑁(75, 1) i.e. X follows a normal distribution with mean 75 and variance 1. 𝑆 = 𝑚𝑎𝑥(0, 𝑋 − 75), where S is the future lifetime […]