What is the probability that all of the potential clients would be alive when their respective policies end? Note that each potential client surviving

to the end of his or her respective policy is an independent event.

Among the four race-sex groups (Table C), white females hadthe highest median age at death with about 49.7 percent surviving toage 84. Of the original hypothetical cohort of 100,000 infant whitefemales, 99.1 percent survived to age 20, 88.3 percent survived toage 65, and 46.1 percent survived to age 85. White males hadslightly higher survival rates than black females at the younger ageswith 98.7 percent surviving to age 20 and 80.9 percent surviving toage 65 compared with 98.3 percent and 80.5 percent, respectively, for black females. At the older ages, however, black female survivalsurpassed white male survival. At age 85, white male survival was31.9 percent compared with 36.8 percent for black females. Thiscrossover occurs at age 70. The median age at death for black maleswas 73, which is 11 years less than that of white females. For blackmales, 97.5 percent survived to age 20, 68.2 percent to age 65, and20.7 percent to age 85. By age 100, there was very little differencebetween the white and black populations in terms of survival. Lessthan 1 percent of white males and black males and slightly over2 percenthope this hrlps of white females and black females survived to age 100