Your backyard shed was damaged by a windstorm. Your coverage is based under Coverage D: Loss of Use

Indicate whether this statement is true or false.

Answer: FALSE

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In a game of chance, the probability of winning a $50 is 40 percent and the probability of losing a $50 prize is 60 percent. What is the expected value of a prize in the game?

A) -$10 B) $0 C) $10 D) $25

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One of the challenges associated with conducting consumer research studies in other countries is ________

A) it is illegal to stop people on the streets in some countries B) gatherings of four or more people (with the exception of family and religious gatherings) are outlawed in some countries C) surveys that ask personal questions arouse suspicion in some countries D) scales of measurement are not adequate in some countries E) all of the above

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