Which of the following are included in the gross estate? Pr…

Which of the following are included in the gross estate? Proceeds from a life insurance policy owned by the decedent insured that was assigned to an ILIT two years before death of the insured. Life insurance policy of decedent owner that was transferred two years before death for full and adequate consideration. Premiums paid by decedent on a policy not owned by decedent.

A coffee shop has discovered that 2% of the coffee mugs they…

A coffee shop has discovered that 2% of the coffee mugs they sell are chipped. Assuming that the condition of each mug is independent of the others, how many coffee mugs can the shop order before the probability of receiving at least one chipped mug reaches 75%?