Other ways in which a life insurance policy can be leveraged to cover long-term care include purchasing a policy with an accelerated death benefit, or ADB. This is a feature that essentially allows you to get an advance on your death benefit to pay for care while you're alive.
In probability theory, the normal (or Gaussian) distribution is a very common continuous probability distribution. Normal distributions are important in statistics and are often used in the natural and social sciences to represent real-valued random variables whose distributions are not known.
Uniform distribution (from http://www.math.wm.edu/Ëleemis/chart/UDR/UDR.html) The shorthand X â¼U(a,b)is used to indicate that the random variable X has the uniform distri-bution with minimum a and maximum b. A uniform random variable X has probability density function f(x)= 1 bâa a <x <b, for ââ<a <b <â. The uniform distribution is used to model a random variable that is equally. likely to occur between a and b. The uniform distribution is central to random variate generation. The uniform distribution would be an appropriate model for the position of the puncture on a ï¬at. tire.