The adjusted cost basis of the policy is $185,200.
<h3>How to calculate the ACB?</h3>
It should be noted that the adjusted cost basis is simply the sum of premiums paid less the accumulation of the cost.
Here, the adjusted cost basis will be the The cash surrender value of the policy which is $185,200.
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Answer:
alpha=0.01
Step-by-step explanation:
confidence level = 1 - alpha
so alpha = 1 - confidence level = 1 - 0.99 = 0.01
In statistics, alpha represents the value that checks the test statistic in order to determine if it is significant or not. In other words, alpha is the acceptable margin of type 1 error. Alpha is also called the significance level, which opposes the confidence level. Significance level + confidence level = 1.
There are 40 compact cars, 4 of 10 each.
there are 30 mid-size, 3 of 10 each.
and there are 20 trucks,
however, in the graph, they all seem to have the same start point and end point, and the mid-size are elongated more than the compacts, and the trucks are much larger than the others above it, almost suggesting the amounts for all are equal somehow for that period.
the amounts must correlate horizontally as they're laid, thus the compacts should be longer than the rest, the mid-size behind it and the trucks half-way of the compacts.