Darlene Is Updating Her Estate Planning and Wants to Set

question 14

Multiple Choice

Darlene is updating her estate planning and wants to set up a legal document that leaves $5. 34 million to her husband. She is writing a(n)

• A) Exemption trust will.
• B) Guardian will.
• C) Simple will.
• D) Stated amount will.
• E) Traditional marital share will.

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Definitions:

Frequency Distribution

A representation of data that shows how often each value or range of values occurs.

Sample

A portion of the overall population picked for conducting studies or inquiries in order to collect demographic data.

Frequency Polygon

A graphical representation of the distribution of a dataset that shows how often each value occurs, connecting each data point by straight lines.

Frequency Distribution

A summarization of data by reporting the number of observations that fall within each range or bin of values for a specific variable.