Fifty-six percent of all American workers have a workplace retirement plan, 68% have health insurance, and 49%
Question:
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.
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Construct a Venn diagram possible outcomes a Pneither benefit 1 Peither retirement or heal...View the full answer
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Related Book For 
Stats Data And Models
ISBN: 662
4th Edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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