The Science and Business of Life Expectancy: Ask the Right Questions
In this first of a four-part unit, students are introduced to the question under investigation: How much life insurance should I buy to cover myself when I am 45 years old? To answer this investigative task, you will need to know about both the science of life expectancy and the business of insuring against the risk of mortality. By the end of this lesson, students will:
Raise and answer questions involving life expectancy in general
Raise questions involving your personal life insurance needs
Learn the major factors that impact life expectancy
Lesson Plan Link/URL
https://docs.google.com/presentation/d/1CQufH7S9MVie4NmxbXbo3Kqmu7kPk0gv/edit?u…Related Content
In this lesson two of four, students have to estimate and guess how much weight each of four factors has on a person's life expectancy, which often causes discomfort. They will ask you for direction
In this final lesson, students will use a life expectancy model to figure their likelihood of dying at a certain age They will use this answer to calculate their best life insurance policy, and
Students will orient to the varied rates of death that depend on age. They will learn how to check for conditions of valid sampling designs that let them use the Normal curve for modeling their sample