Which of the Following Statements Is (Are)true Concerning a Joint-And-Survivor

question 33

Multiple Choice

Which of the following statements is (are) true concerning a joint-and-survivor annuity?
I.Under this annuity,payments begin after the first annuitant dies.
II.This annuity is often selected by married couples.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Inferential

Pertaining to inferential statistics, which involves making predictions or inferences about a population based on a sample of data.

Variability

The degree to which scores in a set of data are spread out or differ from each other.

Asymmetrical Distribution

A situation in statistical data where the values do not mirror each other across a central point.

Positively Skewed

A distribution where the majority of scores fall on the low end of the distribution and the asymmetrical tail extends into the positive side of the graph.