Suppose a large insurance company wants to estimate the difference between the average amount of term life
Question:
Term ..... Whole Life
nT = 27 ..... nW = 29
x̄T = $75,000 ... x̄W = $45,000
sT = $22,000 .... sW = $15,500
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Term Whole Life t 75000 w 45000 s t 22000 ...View the full answer
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