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What is the probability that worker has health insurance

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Reference no: EM131742415

Question: 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 employer sponsored 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: EM131742415

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