A study is conducted among senior citizen 60 - 95 years of age staying in home for the aged. We are interested in comparing the mortality experience of the seniors in home for the aged with national mortality rates. Suppose that of the 1000 seniors in this age group, 33% are 60 - 69 years of age, 48% are 70 - 79, 16% are 80 - 89, and 3% are 90 - 95. If annual mortality rate are at 5.7% in 60 - 69, 1.8% in 70 - 79, 0.25% in 80 - 89, and 0.07% in 90 - 95, then what is the projected annual mortality rate in the home for the aged as a whole?

A study is conducted among senior citizen 60 - 95 years of age staying in home for the aged. We are interested in comparing the mortality experience of the seniors in home for the aged with national mortality rates. Suppose that of the 1000 seniors in this age group, 33% are 60 - 69 years of age, 48% are 70 - 79, 16% are 80 - 89, and 3% are 90 - 95. If annual mortality rate are at 5.7% in 60 - 69, 1.8% in 70 - 79, 0.25% in 80 - 89, and 0.07% in 90 - 95, then what is the projected annual mortality rate in the home for the aged as a whole?

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter2: Descriptive Statistics

Section: Chapter Questions

Problem 8P: Reports have found that many U.S. adults would rather live in a different type of community than the...

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