You Can Make Sure That Your Mutual Fund Account Passes

question 89

Multiple Choice

You can make sure that your mutual fund account passes to your desired heir by completing a ________ when you open your account.

• A)switching privilege
• B)systematic pass through
• C)open-end designation
• D)beneficiary designation

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Definitions:

Obtained Value

The genuine result or value obtained by conducting a statistical test or experiment.

P Value

A statistical measure that helps scientists determine the significance of their research results, indicating the probability of obtaining an effect at least as extreme as the one in your sample data if the null hypothesis were true.

T Value

In hypothesis testing, it is the calculated value used to compare against a critical value to decide whether to reject the null hypothesis.

Variance

A numerical indicator that shows the distribution or variability of a dataset around its average value.