The matrix of transition probabilities gives the conditional probabilities of moving from one state to another
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
Concerning the "Family Protection Policy" all of the following statements are true, except:
A. This type of policy consists of whole life on the base insured and riders on the others. B. Convertible term riders cover both the spouse and all children. C. Additional children born after the policy is issued are covered automatically at no extra cost. D. Children, upon reaching the age of majority are permitted to convert to an individual policy with proof of insurability.
Business
Telemarketing is an example of a direct marketing method
Indicate whether the statement is true or false
Business