An Insurance Company Uses the Mortality Table Below to Calculate

question 24

Short Answer

An insurance company uses the mortality table below to calculate its risk when writing life insurance policies. ​
If this company insures 12,000 54-year -old men,how many are expected to die before they reach their 55th birthday?

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Definitions:

Anxiety Disorder

A mental health condition characterized by excessive and persistent worry, fear, or anxiety that interferes with daily activities.

Phobia

An extreme or irrational fear of or aversion to something, which can significantly impact a person's quality of life.

Illogical Fear

An irrational fear, often referred to as a phobia, that does not have a basis in reason or reality.

Anxiety Disorder

A psychiatric disorder marked by ongoing, intense concern, dread, or nervousness that disrupts regular life functions.