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Your Executor Can Be a Family Member, a Friend, an Attorney

question 20

True/False

Your executor can be a family member, a friend, an attorney, an accountant, or the trust department of a bank.

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Definitions:

Expected Value

Expected value is a concept in probability that calculates the average outcome when the future involves scenarios that may or may not happen.

Moving Average Forecast

A method used in time series analysis to smooth out short-term fluctuations and highlight longer-term trends or cycles.

Observable Trend

A pattern, change, or movement in data or events that can be detected and analyzed through observation.

Seasonality

Refers to periodic fluctuations in business or data that recur in a predictable pattern based on the time of year.

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