Use structured English when complex combinations of conditions, actions, and rules are found

Indicate whether the statement is true or false

FALSE

Business

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Tom was just diagnosed with an inoperable brain tumor. According to his doctor, Tom has less than three months to live. A life insurance premium notice just arrived. Tom purchased this whole life policy over 40 years ago. Tom does not want to pay the premium. Which nonforfeiture option should Tom exercise?

(a) reduced paid-up insurance (b) extended term insurance (c) cash value (d) life income

Business

A characteristic profile is an aid to interpreting discriminant analysis results by describing each group in terms of the group means for the predictor variables

Indicate whether the statement is true or false

Business