Weibull's Law of Mortality : Practice Problems and Solutions
The Actuary's Free Study Guide for Exam 3L - Section 25
Weibull's law of mortality corresponds to the following survival distribution.
s(x) = exp[-uxn+1]
The force of mortality under Weibull's law is as follows.
µx = kxn
Under Weibull's law, k and n are given constants, and u is defined as u = k/(n + 1).
The restrictions for using Weibull's law are as follows:
k > 0, n > 0, x ≥ 0.
Source: Bowers, Gerber, et. al. Actuarial Mathematics. 1997. Second Edition. Society of Actuaries: Itasca, Illinois. p. 78.
Original Problems and Solutions from The Actuary's Free Study Guide
Problem S3L25-1. The lives of rabbit-eared basilisks follow Weibull's law with k = 0.2 and n = 0.4. Find µ18 for rabbit-eared basilisks.
Solution S3L25-1. We use the formula µx = kxn. Thus, µ18 = 0.2*180.4 = µ18 = 0.6355343046.
Problem S3L25-2. The lives of rabbit-eared basilisks follow Weibull's law with k = 0.2 and n = 0.4. Find s(22) for rabbit-eared basilisks. The answer will be very small!
Solution S3L25-2. We use the formula s(x) = exp[-uxn+1]. We find u = k/(n+1) = 0.2/1.4 = 1/7.
Thus, s(22) = exp[-(1/7)221.4] = s(22) = about 0.00001996248653.
Problem S3L25-3. The lives of wild rainbow-spotted anchovies follow Weibull's law with k = 0.11. You know that µ3 = 0.25 for wild rainbow-spotted anchovies. Find s(10) for wild rainbow-spotted anchovies.
Solution S3L25-3. First, we need to find n by using the formula µx = kxn with x = 3.
Hence, µ3 = 0.11*3n. Thus, 0.25 = 0.11*3n and 3n = 25/11, so n*ln(3) = ln(25/11) and n = ln(25/11)/ln(3) = n = 0.7472887028.
Now we find u = k/(n+1) = 0.11/1.7472887028 = u = 0.0629546793.
Now we use the formula s(x) = exp[-uxn+1] for x = 10.
s(10) = exp[-0.0629546793*101.7472887028] = s(10) = about 0.03072459
Problem S3L25-4. The lives of four-legged fish follow Weibull's law with n = 1 and s(20) = 0.14. Find k for four-legged fish.
Solution S3L25-4. We use the formula s(x) = exp[-uxn+1] to recognize that
s(20) = 0.14 = exp[-u*202]
Thus, ln(0.14) = -u*202
Thus, u = ln(0.14)/-400 = 0.0049152821
But we know that u = k/(n+1), so k = u*(n+1) = 0.0049152821*2 = k = about 0.0098305643.
Problem S3L25-5. The lives of rabbit-eared basilisks follow Weibull's law with k = 0.2 and n = 0.4. Find 3p34 for rabbit-eared basilisks.
Solution S3L25-5. We know that 3p34 = s(37)/s(34) and that s(x) = exp[-uxn+1]. We find u = k/(n+1) = 0.2/1.4 = u = 1/7. Thus, 3p34 = exp[-(1/7)371.4]/exp[-(1/7)341.4] = exp[-(1/7)371.4 +(1/7)341.4] =
exp[-2.501563687] = 3p34 = 0.0819567436.
See other sections of The Actuary's Free Study Guide for Exam 3L.
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G. Stolyarov II is a science fiction novelist, independent essayist, poet, amateur mathematician, composer, author, and actuary. View profile
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2 Comments
Post a CommentMr. Meyerson, you are absolutely correct. I revised the conditions of S3L25-3 to avoid the absurd result of a negative value for n. Now k = 0.11 and mu_3 = 0.25, and a revised solution follows from this.
In S3L25-3, from .11 = .25 * 3^n you claim that 3^n = 25/11 when it should really be 11/25; this means that n should actually be
-0.7472887028 instead of 0.7472887028.