Accountancy, asked by Bharatbishnoi229, 7 months ago

In a life table, if 1 = 95,400 and 1 = 93,492 then, find survival ratio
and mortality ratio of the first year.

please solve step by step ​

Answers

Answered by amitnrw
2

Given : In a life table, if l₁ = 95,400 and l₂ = 93,492

To Find : survival ratio

and mortality ratio of the first year.

Solution:

Survival Rate of the first year.  =    l₂/ l₁

=> Survival Rate   = 93,492 /95,400 = 0.98

mortality ratio of the first year  = 1  -   Survival Rate of the first year.  

= 1  - 0.98

= 0.02

survival ratio of the first year. = 0.98

and mortality ratio of the first year. = 0.02

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