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At the time of his death, Fred held some notes receivable for loans he made to his two daughters and the payment of which he forgives in his will. The amount to be included in Fred's gross estate as to these notes is affected by his forgiveness.
Unfair Die
A die that has been altered or designed in such a way that it does not have an equal chance of landing on each of its faces.
\(X^2\)
A symbol commonly representing the chi-squared statistic, used in statistical tests to evaluate the discrepancies between observed and expected frequencies.
Unfair Die
A dice that has been altered or designed to favor certain outcomes over others, deviating from a fair chance.
Uniformly Distributed
Describes a type of distribution where all outcomes are equally likely across the range of possible values.
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