Faye Executes a Will in Which Gail Is Appointed to Execute

question 1

Multiple Choice

Faye executes a will in which Gail is appointed to execute the will.  After Faye dies, Gail lacks the capacity to serve, and a court appoints Holly to handle the probate of Faye's estate.  In this situation, Gail is the

• A) decedent.
• B) executor.
• C) administrator.
• D) beneficiary.

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Definitions:

Sampling Error

The difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.

Statistics

Statistics is the branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.

Sample Size

Sample size refers to the number of observations or individuals included in a statistical sample.

Null Hypothesis

A hypothesis that assumes no significant difference or relationship exists between certain variables; it's the default assumption to be tested against.