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In a Normal Distribution,over 99% of All Scores Fall Between

question 82

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In a normal distribution,over 99% of all scores fall between standard scores of -3 and +3.


Definitions:

Guaranteed Insurability

An insurance policy feature that allows the policyholder to buy additional coverage without proof of insurability at designated times.

Life Insurance

A contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

Insured

A person, company, or entity covered under an insurance policy to receive compensation for a specified loss or damage.

Premium

The amount paid for an insurance policy, reflecting the cost of coverage.

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