Question

You are given that px = 0.99, px+1 = 0.985, 3px+1 = 0.95, and qx+3 = 0.02. Calculate

(a) px+3 ,
(b) 2px ,
(c) 2px+1 ,
(d) 3px ,
(e) 1|2qx.

Answer 1

To calculate values related to probabilities, you can use the given probabilities and apply the rules of probability.

Step-by-step explanation:

To calculate the values requested, we can use the given probabilities and apply the rules of probability. Here are the calculations:

a. px+3 = px * qx+3 = 0.99 * 0.02 = 0.0198

b. 2px = 2 * 0.99 = 1.98

c. 2px+1 = 2 * px+1 = 2 * 0.985 = 1.97

d. 3px = 3 * 0.99 = 2.97

e. 1|2qx = 1 - qx = 1 - 0.02 = 0.98