Claims filed in a year by a policyholder have a POISSON DISTRIBUTION with Expected Value .40 The number of claims filed by different policyholders are independent If two policyholders are chosen randomly, what is the probability that at least one of them will file no claims?

If his parents cannot alex with college, and two of his scholarships will be awarded to other students if he does not accept them immediately, which is the best option for him?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?