Groups allow for the creation of synergy-the idea that the whole equals the sum of its parts

Which of the following statements is false regarding the application for life insurance?

A. When bound to the policy, applications become part of the entire contract. B. The name of the insured person must be indicated on the application. C. Answers to application questions are considered to be representations and not warranties. D. Before a policy can be issued or changed, the beneficiary must initial the application to indicate their approval.

In a survey of 400 respondents, 180 indicated their gender as males and 200 indicated their gender as females. Twenty respondents did not fill out any value for gender. When doing a frequency count on gender, the percentage column and the valid percentage column for males would be:

a. 45% and 50% b. 50% and 50% c. 45% and 47.4% d. 47.4% and 45% e. 47.4% and 50%