If You Have a Set a Significance Level of

question 38

Multiple Choice

If you have a set a significance level of .05; then your confidence level is what?

• A) cannot determine the confidence level
• B) 90%
• C) 95%
• D) 99.95%

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Definitions:

Federal Estate Tax

A tax levied by the federal government on the transfer of the taxable estate of a deceased person, whether transferred via will, according to state laws, or through an estate plan.

State Inheritance Tax

A tax imposed by some states on individuals who inherit property or money from someone who has died.

Estate Administration

The process of managing and distributing a deceased person's assets according to their will or the laws of intestacy.

Totten Trust

is a type of revocable trust created by depositing funds into a bank account with a designated beneficiary upon the account holder's death.