A Duty to Disclose Exists Only at the Time of Applying

question 53

True/False

A duty to disclose exists only at the time of applying for the insurance.

---

Definitions:

Variance

A measure of how much values in a dataset differ from the mean of the dataset.

R Value

A statistic that represents the magnitude and direction of a correlation between two variables, often used in linear regression analysis.

Effect Size

A quantitative measure of the strength of a phenomenon or the magnitude of a relationship between variables.

Cohen

Often refers to statistical power analysis methods or effect size measures designed by Jacob Cohen, used in hypothesis testing.