On an average, mortality tables are found to be accurate. However, financial planning consultants have found that such tables underestimate their clients' lifespans. We need to find a reason for thisdiscrepancy.
A. People who hire financial planning consultants tend to take unusually good care of all aspects of their lives, including theirhealth.
The first option itself provides a green flag. This could be why the clients outlive theirprojections.
B. A financial planning consultant who makes recommendations on the basis of life
expectancy predictions based entirely on standard mortality tables could cause clients to experience significant financialdifficulties.
This further adds to the discrepancy. If clients are experiencing difficulties then why are they livinglonger?
C. In addition to using mortality tables, many financial planners use interactive online tools to predict clientlifespans.
But in the argument, we have been told that clients outlive the years that were predicted
...
A. People who hire financial planning consultants tend to take unusually good care of all aspects of their lives, including theirhealth.
The first option itself provides a green flag. This could be why the clients outlive theirprojections.
B. A financial planning consultant who makes recommendations on the basis of life
expectancy predictions based entirely on standard mortality tables could cause clients to experience significant financialdifficulties.
This further adds to the discrepancy. If clients are experiencing difficulties then why are they livinglonger?
But in the argument, we have been told that clients outlive the years that were predicted
...
Statistics : Posted by LamboWalker • on 23 Jan 2024, 18:53 • Replies 1 • Views 253
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