Question

Suppose that a large corporation offers its employees two health plans: a 70/30 plan with high deductible and an 80/20 plan with low deductibles. Every employee has one plan or the other. Of all employees, 75% are production workers and 25% are administrative workers. Of all employees, 35% choose 70/30 plan. Of all production workers, 40% choose the 70/30 plan.

A. What is the probability that randomly selected employee will be administrative employee?

B. What is the probability that a randomly selected employee will either be an administrative worker or will choose the 80/20 plan?

C. What is the probability that a randomly selected employee will be a production worker who chooses the 70/30 plan?

D. What is the probability that a randomly selected employee will be an administrative worker who chooses 70/30 plan?

E. What is the probability that a randomly selected administrative worker will choose the 80/20 plan?

F. Which kind of worker is more likely to choose the 80/20 plan, a randomly selected production worker or randomly selected administrative worker?

G. Let P represent the event that a worker is a production worker, and let A represent the event that the worker is an administrative worker. Let L represent the event that the worker selects the 70/30 plan and let H represent the event that the worker selects the 80/20 plan. Write the meaning of P(P I H) in English

H. Write the meaning of P(A U L ) in English.

Answer #1

Let x be the average number of employees in a group
health insurance plan, and let y be the average
administrative cost as a percentage of claims.
x
3
7
15
37
70
y
40
35
30
27
16
(a) Make a scatter diagram of the data and visualize the line
you think best fits the data.
Selection Tool
Line
Ray
Segment
Circle
Vertical Parabola
Horizontal Parabola
Point
No Solution
Help
5
10
15
20
25
30
35
40
45...

Let x be the average number of employees in a group
health insurance plan, and let y be the average
administrative cost as a percentage of claims.
x
3
7
15
36
73
y
40
35
30
28
16
(a) Make a scatter diagram of the data and visualize the line
you think best fits the data.
Selection Tool
Line
Ray
Segment
Circle
Vertical Parabola
Horizontal Parabola
Point
No Solution
Help
5
10
15
20
25
30
35
40
45...

Let x be the average number of employees in a group
health insurance plan, and let y be the average
administrative cost as a percentage of claims.
x
3
7
15
32
71
y
40
35
30
27
16
(a) Make a scatter diagram of the data and visualize the line
you think best fits the data.
Selection Tool
Line
Ray
Segment
Circle
Vertical Parabola
Horizontal Parabola
Point
No Solution
Help
5
10
15
20
25
30
35
40
45...

Let x be the average number of employees in a group
health insurance plan, and let y be the average
administrative cost as a percentage of claims.
x
3
7
15
36
71
y
40
35
30
26
17
(a) Make a scatter diagram of the data and visualize the line
you think best fits the data.
Selection Tool
Line
Ray
Segment
Circle
Vertical Parabola
Horizontal Parabola
Point
No Solution
Help
5
10
15
20
25
30
35
40
45...

Let x be the average number of employees in a group
health insurance plan, and let y be the average
administrative cost as a percentage of claims.
x
3
7
15
36
72
y
40
35
30
28
16
(a) Make a scatter diagram of the data and visualize the line
you think best fits the data.
Selection Tool
Line
Ray
Segment
Circle
Vertical Parabola
Horizontal Parabola
Point
No Solution
Help
5
10
15
20
25
30
35
40
45...

Prevosti Farms and Sugarhouse pays its employees according to
their job classification. The following employees make up
Sugarhouse's staff:
Employee
Number
Name and Address
Payroll information
A-Mille
Thomas Millen
Hire Date: 2-1-2019
1022 Forest School Rd
DOB: 12-16-1982
Woodstock, VT 05001
Position: Production Manager
802-478-5055
PT/FT: FT, exempt
SSN: 031-11-3456
No. of Exemptions: 4
401(k) deduction: 3%
M/S: M
Pay Rate: $35,000/year
A-Towle
Avery Towle
Hire Date: 2-1-2019
4011 Route 100
DOB: 7-14-1991
Plymouth, VT 05102
Position: Production Worker
802-967-5873...

Do the following problems. 1. Each of three barrels from a
manufacturing line are classified as either above (a) or below (b)
the target weight. Provide the ordered sample space. 2. The heat on
each of two soldered parts is measured and labeled as either low
(l), medium (m), or high (h). State the number of elements in the
ordered sample space. 3. Consider the set of Beatles songs with a
primary writer as either Paul McCartney (P) or John...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 1 minute ago

asked 1 minute ago

asked 5 minutes ago

asked 8 minutes ago

asked 8 minutes ago

asked 18 minutes ago

asked 20 minutes ago

asked 27 minutes ago

asked 29 minutes ago

asked 33 minutes ago

asked 33 minutes ago

asked 38 minutes ago