Question

6. As health insurance costs and the number of disabled employees increase, more companies are firing...

6. As health insurance costs and the number of disabled employees increase, more companies are firing these employees. A survey of 750 employers found that 192 dismiss employees as soon as they go on long-term disability.  

  1. Construct a 90% confidence interval for the proportion of employers who dismiss employees as soon as they go on long-term disability.
  2. Construct a 99% confidence interval for the proportion of employers who dismiss employees as soon as they go on long-term disability
  3. Which interval is wider? Explain why this is true

Homework Answers

Answer #1

Given:

x = 192

n = 750

c) If the confidence level increases, the margin of error also increases, so that the confidence interval becomes wider.

Therefore 99% confidence interval is wider.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
For many years businesses have struggled with the rising cost of health care. But recently, the...
For many years businesses have struggled with the rising cost of health care. But recently, the increases have slowed due to less inflation in health care prices and employees paying for a larger portion of health care benefits. A recent Mercer survey showed that 62% of U.S. employers were likely to require higher employee contributions for health care coverage in 2009. Suppose the survey was based on a sample of 943 companies. Compute the margin of error and a 99%...
For many years businesses have struggled with the rising cost of health care. But recently, the...
For many years businesses have struggled with the rising cost of health care. But recently, the increases have slowed due to less inflation in health care prices and employees paying for a larger portion of health care benefits. A recent Mercer survey showed that 57% of U.S. employers were likely to require higher employee contributions for health care coverage in 2009. Suppose the survey was based on a sample of 784 companies. Compute the margin of error and a  confidence interval...
Insurance companies are interested in knowing the population percent of drivers who always buckle up before...
Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. They randomly survey 391 drivers and find that 280 claim to always buckle up. Construct a 96% confidence interval for the population proportion that claim to always buckle up. Use interval notation
Insurance companies are interested in knowing the population percent of drivers who always buckle up before...
Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. They randomly survey 388 drivers and find that 304 claim to always buckle up. Construct a 97% confidence interval for the population proportion that claim to always buckle up.
1. Insurance companies are interested in knowing the population percent of drivers who always buckle up...
1. Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. When designing a study to determine this population proportion, what is the minimum number of drivers you would need to survey to be 95% confident that the population proportion is estimated to within 0.04? (Round your answer up to the nearest whole number.) 2. According to a poll, 75% of California adults (377 out of 506 surveyed) feel that...
Insurance companies are interested in knowing the population percent of drivers who always buckle up before...
Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. They randomly survey 402 drivers and find that 307 claim to always buckle up. Construct a 84% confidence interval for the population proportion that claim to always buckle up. Use interval notation, for example, [1,5]
Insurance companies are interested in knowing the population percent of drivers who always buckle up before...
Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. They randomly survey 420 drivers and find that 286 claim to always buckle up. Construct a 84% confidence interval for the population proportion that claim to always buckle up. Use interval notation, for example, [1,5]
1. Insurance companies are interested in knowing the population percent of drivers who always buckle up...
1. Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. They randomly survey 380 drivers and find that 303 claim to always buckle up. Construct a 87% confidence interval for the population proportion that claim to always buckle up. 2. You recently sent out a survey to determine if the percentage of adults who use social media has changed from 68%, which was the percentage of adults who used...
1. Due to rising health insurance costs, more people in the United States go without health...
1. Due to rising health insurance costs, more people in the United States go without health insurance. Sample data representative of the United States health insurance coverage for individuals 18 years of age and older are shown here.          Health Insurance       Yes No Age 18 to 34       750 170 35 and over       950 130 What is the population of interest in this study? What is the sample size in this study? c. What is the probability that a randomly selected individual...
The federal program of health insurance for the elderly and some disabled individuals is   called Medicare...
The federal program of health insurance for the elderly and some disabled individuals is   called Medicare CHIP Medicaid VA A way of making up losses in health insurance by charging more to the insured is termed The “Robin Hood” theory Co-Payment A Premium Cost Shifting An example of Cost Sharing would be Package Pricing A Beneficiary A Co-Payment A Single Payer System The Affordable Care Act will have an impact on what portion of a select groups (high earners) pay...