The probability that a 50-year old man will be alive at 60 is 0.83 and the probability that a 45-year old woman will be alive at 55 is 0.97. What is the probability that a man who is 50 and his wife who is 45 will both be alive after 10 years?
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Answer:
0.8051
Step-by-step explanation:
Hi,
Let M be the event that a 50 year old man will be alive at 60
Given P(M) = 0.83
Let W be the event that a 45-year old woman will be alive at 55
Given P(W) = 0.97
Since , the number of years a man lives is independent of the
number of years a woman lives (Ignoring abnormal conditions),
P(M ∩ W) = P(M)P(W) ,since both M and W are independent
events.
Probability that a man who is 50 and his wife who is 45 will both
be alive after 10 years = P(M ∩ W)
= P(M)P(W)
= 0.83* 0.97 = 0.8051
Hope, it helps !
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