The absolute threshold can be described as the minimal degree of a stimulus that can be detected. In this example, the stimulus is olfactory, but it may also be <u>visual</u> or <u>auditory</u>. The lower the threshold, the more sensitive the person is to a stimulus. Absolute thresholds tend to increase with age.
When measuring a person's absolute threshold, a stimulus should be detected at least 50% of the time.
Explanation:Funds not paid out after paying claims and other operating costs are returned to the policy owners in the form of a dividend. If all funds are paid out, no dividends are paid.