# Let X and Y denote the remaining lifetimes of a husband and wife. Assume that the remaining lifet...

Let X and Y denote the remaining lifetimes of a husband and wife. Assume that the remaining lifetime of each person has an exponential distribution with mean λ and that the remaining lifetimes are independent. An insurance company offers two products to married couples: One which pays when the first spouse dies, that is, at time min(X,Y), and one which pays when the second spouse dies, that is, at time max(X,Y). Calculate the covariance between the two payment timers.

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Suppose the remaining lifetimes of a husband and wife are independently and uniformly distributed on the interval [0, 40]. An insurance company offers two products tomarried couples:One which pays when the husband dies.One which pays when both the husband and wife have died.Calculate the covariance of the two payment times.

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14. Spousal Insurance Policies. Consider two alternatives insuring the lives of two part ners: ( individual policies for each spouse paying 2 at each death time (so buy 2 individ- ual policies). (ii) a spousal policy that pays B when the first spouse dies. The present values of () and (i) are zX+2RY and Z2 - Be-r, respectively, where X and Y are the remaining lifetimes of the two insureds (in years), T min(X, Y) is the first death time...

• ### . Jan wins, ue OTCS LICO. 6.127 Consider two identical electrical components. Let X and Y denote the respective lifetim...

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• ### Q6. The lifetimes of two components in a machine have the following joint pdf: f(x, y).00-x...

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Summary for half page please.( sociological view like conflict between religions and "NORM")And please Find the concepts, Analyze this article related to sociological view of social institutions, functionalist view, conflict view,interactionist view.Summary( 30%)Find the concepts(20%)(role, ascribed and achieved status)Analyze this articlerelated to sociological view of social institutions(50%)(use one view,functionalist view, conflict view, interactionist view)This essay was just B grade.'Disabled' woman seeking alimony revealed to be belly dancer.A "disabled" Staten Island woman's quest for lifetime maintenance from herhusband went belly up...

• ### I Need Help With My Homework! "Interpersonal Communication"

TRUE/FALSE (3pts. each)1. In the Involvement stage of the Six Stage Model, testing and intensifying take place.2. In the Deterioration stage of the Six Stage Model, there is a decline inself-disclosure.3. The first phase of the Repair stage is intrapersonal repair.4 Relationships almost always move in one direction through the five stages.5. Preventing a partner from working or attending college is not defined as emotionalabuse.6. Receptivity is characterized by a comfortable and positive imbalance in the givingand receiving of rewards.7....

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