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Max is 70 years old and in good health. His modest living needs are met by his public and private pensions, supplemented by withdrawals from his RRIF. He started investing in Canadian stocks at the age of 40 in an unregistered account and has followed a buy and hold strategy of blue chip equities. He estimates that he won't need to draw down on his unregistered portfolio during his lifetime, and wishes to preserve its value to leave to his children when he dies. What type of life insurance would best suit his needs?
a) 5-year renewable term
b) Group term
c) Whole life
d) Universal life
e) Term-to-100
The data in the table below is a random sample of 15 observations each from two normal populations with unknown means and variances. Test the null hypothesis that the two population means are equal against the alternative that μY > μX . First assu..
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Suppose business has been good and the company gives every employee a $50 raise. Tell the new value of each of the summary statistics.
question a local tire dealer wants to predict the number of tires sold each month. he believes that the number of tires
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A co-worker sends you a business-related email about the new project assignment. The email has numerous grammar and spelling errors.
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