Automobiles, haircuts, tutoring, and lighting fixtures are all examples of tangible products
Indicate whether the statement is true or false
FALSE
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Winnie is insured under a life insurance policy. She designates "all natural children of the insured" as beneficiaries in her life insurance policy. Which of the following phrases best describes this type of beneficiary designation?
A) Juvenile beneficiaries B) Tertiary beneficiaries C) Class beneficiaries D) Generational beneficiaries"
When calculating the confidence interval for an average, the standard deviation is used:
A) because it indicates lack of variability B) because it is the appropriate measure of variability for a metric variable C) because it is the appropriate measure of variability for a categorical variable D) because it is smaller and less expensive to calculate E) none of the above; standard deviation is not used to calculate confidence for an average