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Mathematics, 12.10.2020 19:01, fallenangelsayshush
For three fully discrete insurance products on the same (x), you are given:
a. Z1 is the present value random variable for a 20-year term insurance of 50.
b. Z2 is the present value random variable for a 20-year deferred whole life insurance of 100.
c. Z3 is the present value random variable for a whole life insurance of 100.
d. E[Z1] = 1.65 and E[Z2] = 10.75
e. Var(Z1) = 46.75 and Var(Z2) = 50.78
Required:
Calculate Var(Z3).
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Answers: 3
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For three fully discrete insurance products on the same (x), you are given:
a. Z1 is the present va...
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