Sets, Probability and Statistics: The Mathematics of Life Insurance. [Computer Program.] Second Edition.

The materials described here represent the conversion of a highly popular student workbook "Sets, Probability and Statistics: The Mathematics of Life Insurance" into a computer program. The program is designed to familiarize students with the concepts of sets, probability, and statistics, and to provide practice using real life examples. It also attempts to illustrate how the insurance business uses such mathematical concepts to carry out everyday business activities. The program was developed to be used in basic and advanced high school mathematics classes. The eight lessons contain activities involving: (1) sets; (2) sample spaces; (3) probability; (4) statistics; (5) mortality tables and life insurance; (6) interest; (7) figuring the insurance premium; and (8) information about the annual premium. The entire package includes a teacher's guide, four computer disks, an answer key, and a copy of the student workbook. (TW)