Question 1:
We are analyzing the mortality of individuals after the age of 75 years.
We assume the following:
π π .
π₯ = π(π > π₯ + π |π > 75)
π βΌ π(75, 1) i.e. X follows a normal distribution with mean
75 and variance 1.
π = πππ₯(0, π β 75), where S is the future lifetime random
variable.