If the probabilities of each economic condition are 0.5, 0.1, 0.35, and 0.05, respectively, what investment would be made using the expected value criterion?

A guaranteed insurability rider

A) allows you to increase the face amount of the insurance policy without an additional medical examination. B) allows you to increase the face amount of insurance protection if you pass an additional medical examination. C) allows you to extend your current coverage without a medical examination. D) allows you to extend your current coverage at the same premium. However, a medical examination may be required.

In a common form of RFM analysis, an RFM score of 5 1 1 means that the customer orders frequently and orders items of high monetary value but has not ordered anything for some time

Indicate whether the statement is true or false