Question

In: Statistics and Probability

From a cross-sectional life table provided, please answer the following questions below: Age group nQx lx...

From a cross-sectional life table provided, please answer the following questions below: Age group nQx lx ndx Lx Tx ?? 0-4 0.02592 100000 5-9 0.0042 10-14 0.00232 15-19 0.00201 20-24 0.00443 25-29 0.00611 30-34 0.00632 35-39 0.00654 40-44 0.01098 45-49 0.01765 50-54 0.02765 55-59 0.04387 60-64 0.05987 65-69 0.09654 70-74 0.13654 75-79 0.18765 80-84 0.47898 85-89 0.57908 90+ 1 (a) Calculate the following column heading: lx, ndx ,Lx ,Tx and ex [12 marks] (b) What age would you expect a person to live (on average) once he/she has attained the age of 15 years? [3 marks] Question 2 [25 marks]

Solutions

Expert Solution

Solution :

1)

a)

Age group x nQx lx ndx nLx Tx ex
0-4 5 0.02592 100000 2592 493520 7303454 73.03454
5-9 5 0.0042 97408 409.1136 486017 6809934 69.91145
10-14 5 0.00232 96999 225.0377 484432 6323917 65.19569
15-19 5 0.00201 96774 194.5157 483384 5839485 60.34146
20-24 5 0.00443 96579 427.845 481825 5356101 55.45823
25-29 5 0.00611 96151 587.4826 479286 4874275 50.69397
30-34 5 0.00632 95564 603.9645 476310 4394989 45.99001
35-39 5 0.00654 94960 621.0384 473247 3918679 41.26663
40-44 5 0.01098 94339 1035.842 469105 3445432 36.52182
45-49 5 0.01765 93303 1646.798 462398 2976326 31.89958
50-54 5 0.02765 91656 2534.288 451944 2513928 27.42786
55-59 5 0.04387 89122 3909.782 435836 2061984 23.13664
60-64 5 0.05987 80111 4796.246 388564 1626148 20.29869
65-69 5 0.09654 75315 7270.91 358398 1237584 16.43211
70-74 5 0.13654 68044 9290.728 316993 879186 12.92085
75-79 5 0.18765 58753 11025 266203 562193 9.568756
80-84 5 0.47898 47728 22860.76 181488 295991 6.201614
85-89 5 0.57908 24867 14399.98 88335 114503 4.604598
90+ 1 10467 10467 26168 26168 2.5

We know,

b)

The expected age would a person to live (on average) once he/she has attained at age of 15 years is 60 .


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