A nonforfeiture provision in a whole life policy that uses cash value to purchase term insurance equal to the existing amount of life insurance. 1  Suggest an improvement or addition to the Insurance and Risk Management Glossary. 2  Buy a print version of the Insurance and Risk Management Glossary.  Link to the Insurance and Risk Management Glossary.
Probability and the Normal Curve. The normal distribution is a continuous probability distribution. This has several implications for probability. 1  The total area under the normal curve is equal to 1.  The probability that a normal random variable X equals any particular value is 0.
For a normal distribution determine the percent of the data that lies in the given intervals. .between 10 cm and 11 cm, where the mean is 9 cm and the standard deviation is 2 cm. between -24 o C and -21 o C, when the mean is -20 o C and the standard deviation is 5 o C.