Are having given two benefits mutually exclusive

Assignment Help Basic Statistics
Reference no: EM131417776

Benefits

Fifty-six percent of all American workers have a workplace retirement plan, 68% have health insurance, and 49% have both benefits. We select a worker at random.

a) What's the probability he has neither employersponsored health insurance nor a retirement plan?

b) What's the probability he has health insurance if he has a retirement plan?

c) Are having health insurance and a retirement plan independent events? Explain.

d) Are having these two benefits mutually exclusive? Explain.

Reference no: EM131417776

Questions Cloud

Problem regarding the different style of management : Q1. Compare the laissez - faire and autocratic management styles, referring to two characteristics of each style in your answer. Q2. Simon Jones uses an autocratic management style. Recommend and justify a different style of management that Simon J..
Find the probability of each outcome : Find the probability of each outcome.- The first two you choose are both good.- At least one of the first three works.- The first four you pick all work.
Find the probability of each event described : Find the probability of each event described.- The first two you grab are the wrong sizes.- The first medium shirt you find is the third one you check.
What percent of the junior biology majors are ineligible : What percent of the junior Biology majors are ineligible for BioResearch?- What's the probability that a junior Biology major who has taken Statistics has also taken a computer course?
Are having given two benefits mutually exclusive : What's the probability he has neither employersponsored health insurance nor a retirement plan?- What's the probability he has health insurance if he has a retirement plan?
What are the fixed costs-variable costs : What are the fixed costs, variable costs and sales price? How many units do you need to sell to have a cash flow of $0. Perform a sensitivity analysis to analyze how the BEP will change under different conditions.
Discuss the pros and cons of black institutions : Discuss the pros and cons of black institutions accepting white philanthropy during the late 1700/early 1800s
Impact on the implementation of the business plan : 1. Sphere of influence is complete, thoroughly discussed, and includes details to support the influence within the organization. 2. Impact on the implementation of the business plan is complete, thoroughly discussed, and includes details to support..
What is probability that a home for sale has pool or garage : What is the probability that a home for sale has a pool or a garage?- neither a pool nor a garage?- a pool but no garage?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the minimum smples size needed using a prior study

a researcher wishes to estimate with 95 confidence the proportion of adults who have high speed internet access. her

  Let y be a uniform random variable defined over the

let y be a uniform random variable defined over the interval 02. find an expression for the rth moment of y about the

  Mean annual precipitation

What is the likelihood that the mean annual precipitation during 25 randomly picked years will be less than 90.8 inches?

  A questionnaire sent through the mail as part of a market

a questionnaire sent through the mail as part of a market research study consists of eight questions each of which can

  Problem regarding the comment on the validity

After an unusually dry autumn, a radio announcer is heard to say, "Watch out! We'll pay for these sunny days later on this winter." Explain what he's trying to say, and comment on the validity of his reasoning.

  Correlation coefficient and scatter plot

Display the data in scatter plot. Calculate the linear correlation coefficient. Use the scatterplot to make a conclusion about the type of correlation.

  Seasonally adjusted forecast model

Develop a seasonally adjusted forecast model for these sandwich sales data. Forecast demand for each season for 2004 using a linear trend line estimate for sales in 2004. Do the data appear to have a seasonal pattern?

  Researching the motivation in the workplace case study

For this project, you will begin by analyzing and researching the Motivation in the Workplace Case Study. You will then apply at least two relevant content and process theories from this course in making your analysis and evaluation of the real-wo..

  Probability that mean of random sample of given size

Normal population having a standard deviation of 0.04, what is the probability that the mean of a random sample of size 25 will be "off" by at most 0.02?

  Tell whether you would try a re expression

Suppose you have fit a linear model to some data and now take a look at the residuals. For each of the following possible residuals plots, tell whether you would try a re-expression and, if so, why.

  Find the normalization constant

Find the Normalization constant, N, (b) the expectation value of the observables , (c) σo, and (d) the probability of finding the eigen value

  Random variable and probability density function

The random variable x is known to be uniformly distributed between 1.0 and 1.5.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd