Which of the following is included in the empirical rules?
A) Approximately 59% of the observations will fall within two standard deviations of the mean, or within x ± 2s.
B) Approximately 68% of the observations will fall within one standard deviation of the mean, or between x - s and x + s.
C) Approximately 89% of the observations will fall within three standard deviations of the mean, or within x ± 3s.
D) Approximately 28% of the observations will fall within three standard deviations of the mean, or within x ± 3s.
B
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Which of the following statements best describes the nature of a cash value loan?
A) It is a financial transaction in which the insurer loans the money and attaches a comparable portion of the cash value as collateral. B) It is a financial transaction in which future growth of the cash value is suspended until the loan amount plus interest is recovered. C) It is a financial transaction in which the cash value is reduced by the amount of the loan. D) It is a financial transaction in which the cash value is unaffected but the face amount is reduced by the amount of the loan plus interest."
There are implied warranties made by the grantor in a grant deed. One of the following is not implied?
a. property has not been encumbered by grantor except as disclosed b. the interest held by grantor is being transferred to the grantee c. the grantor holds a certificate of title to the property d. the interest being deeded has not been conveyed to others