Evidence of insurability must be demonstrated to purchase additional life insurance under a guaranteed purchase option.

a. true
b. false

Answer: b. false

Business

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Which statement concerning the sales opportunity grid is not correct?

a. The sales opportunity grid includes such factors as sales, gross profit, and net profit. b. The sales opportunity grid assumes that all products have the same markup. c. The sales opportunity grid uses data on costs from direct product profitability. d. The sales opportunity grid measures a product's performance over multiple time periods.

Business

Frequently in queuing problems, the number of arrivals per unit of time can be estimated by a probability distribution known as the Poisson distribution

Indicate whether the statement is true or false

Business