Question

In a survey of 1,000 elders, 58% of them have been hospitalized before. Of those who have been hositalized before, 54% have insurance. Of those never hospitalized before, 32% do not have insurance. What is the probability that an elder selected at random has insurance?

a) 0.5988

b) 0.0272

c) 0.5400

d) 0.8196

e) 0.6800

f) None of the above.

Answer 1

The probability that an elder selected at random has insurance is 0.5988.

Note- Since the data consists of human beings, the calculation is rounded upto nearest whole number. Hence there is rounding up difference.