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The face value of the largest 20-year term policy which Maria can buy without spending more than $300 annually is $158,000.
<h3>What is face value?</h3>Face is the term used in finance, is used for the amount which has to be paid to the policyholder at the time of maturity.
Maria, age 28, wants to pay no more than $300 a year in life insurance.
The period for this policy is 20-year term.
Annual life insurance premium (per 1,000 dollars of face value) for age 28.
- A 10-year term for female is 1.28,
- A 15 year term for female is 1.54,
- A 20 year term for female is 1.89,
- A whole life for female is 9.46.
For the 20 year term for female is 1.89 and annular premium is $300. Thus, the face value is,
Thus, the face value of the largest 20-year term policy which Maria can buy without spending more than $300 annually is $158,000.
Learn more about the face value here;
Her sample space is also the list of local businesses.
Sampling is a technique used in statistics when researchers choose a representative subset of a larger population and utilize that subset to carry out a study. Probability sampling and non-probability sampling are the two main types of sampling. Selecting the group from whom you will actually gather data for your study is the process of sampling. If you wanted to examine the perspectives of students at your university, for instance, you could interview a sample of 100 students. With the help of sampling, you can test a statistical hypothesis on the features of a population.
The yellow pages are used by the researcher to do research on neighborhood companies. As a result, her sample space also includes a list of nearby companies.
Complete question: A researcher is conducting a study on local businesses. In order to create her sample, she uses the Yellowpages and a dice. She rolls the dice, and, depending on the number rolled, counts that many businesses down in the list to call. What is her sampling frame?
The list of local businesses in the Yellowpages.
All businesses within a radius.
The list of local businesses in the newspaper.
All businesses in the state she is located in.
The list of registered businesses in her area.
To read more about samplings, visit brainly.com/question/13287171
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