In a recent year, 56% of employers offered a consumer-directed health plan (CDHP). This type of plan
Question:
In a recent year, 56% of employers offered a consumer-directed health plan (CDHP). This type of plan typically combines a high deductible with a health savings plan. Choose 80 employers at random. What is the probability that more than 50 will offer a CDHP?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
A political candidate estimates that 30 of the ...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Elementary Statistics A Step By Step Approach
ISBN: 9780077665807
9th Edition
Authors: Allan G. Bluman
Question Posted:
Students also viewed these Statistics questions
-
Some employers are offering their employees a Consumer Directed Health Plan (CDHP) where the employer provides employees with a sum of money from which employees can purchase their health plan from...
-
The researchers found that the probability of a Finnish citizen investing in the stock market differed depending on IQ score. For those with a high IQ score, the probability is .44; for those with an...
-
A medical research team wishes to evaluate two different treatments for a disease. Subjects are selected two at a time, and one is assigned to Treatment 1 and the other to Treatment 2. The treatments...
-
1. Find the perimeter of each figure. 2. 52 feet 40 feet 52 feet 72 feet 11 kilometers 20 kilometers 35 kilometers
-
Critically analyze the following and explain whether you agree or disagree: a. Janet knows a lot of people who do not like Marmite, a yeast extract that is used as a spread on toast. She says that...
-
A financial planning service offers a college savings program. The plan calls for you to make six annual payments of $11,000 each, with the first payment occurring today, your child's 12th birthday....
-
Calculate the mean, median, and mode stock price.
-
Listed below are three lottery payout options. Option 1: $ 975,000 now Option 2: $ 153,000 at the end of each year for the next nine years Option 3: $ 1,550,000 nine years from now Rather than...
-
or Max Company, the following information is available: Cost of goods sold $390,000 Dividend revenue 15,000 Income tax expense 36,000 Operating expenses 138,000 Sales revenue 600,000 If Max uses a...
-
Identify the fallacies committed in the following dialogue. You should be able to find at least one case of each fallacy presented in this section. Food for Thought "Let's hit the produce section...
-
In a recent year the average movie ticket cost $7.89. In a random sample of 50 movie tickets from various areas, what is the probability that the mean cost exceeds $8.00, given that the population...
-
The mean of the sample means equals ________.
-
Corgill Corporation sold land that it had used for storing old equipment. Corgill owned the land for seven years and it had a basis of $234,000. Corgill received $50,000 cash and a note for $100,000...
-
Make a BCG matrix table and place the following products from Apple: iPhone, iPad, iMac, iPod, Apple TV, Apple Watch, AirPod, and HomePod. Briefly describe why you have placed the products in the...
-
1. Make a comparison between the leadership approaches "Trait Models" and "Behavioral Models". Discuss the main postulates and differences between the models and provide examples of a theory...
-
Applying the Central Limit Theorem: The amount of contaminants that are allowed in food products is determined by the FDA ( Food and Drug Administration ) . Common contaminants in cow milk include...
-
A collection of techniques used by social scientists to compile, summarize, and convey numerical data. Revised Research Question Hypothesis : Null Hypothesis : A null hypothesis, often known as H0,...
-
Adidas is an international sporting apparel/shoes brand. If Adidas was to enter a new foreign market, it would conduct a country market assessment. Identify the 4 components of the assessment....
-
Use a computer graph of the function to explain why the limit does not exist. xy lim (x, y)(0, 0) x? + y
-
Don Griffin worked as an accountant at a local accounting firm for five years after graduating from university. Recently, he opened his own accounting practice, which he operates as a corporation....
-
A U.S. Travel Data Center survey reported that Americans stayed an average of 7.5 nights when they went on vacation. The sample size was 1500. Find a point estimate of the population mean. Find the...
-
A researcher wishes to estimate within $25 the average cost of postage a community college spends in one year. If she wishes to be 90% confident, how large of a sample would be necessary if the...
-
A random sample of 49 shoppers showed that they spend an average of $23.45 per visit at the Saturday Mornings Bookstore. The standard deviation of the population is $2.80. Find a point estimate of...
-
Alta Ski Company's inventory records contained the following information regarding its latest ski model. The company uses a periodic inventory system. Beginning inventory, January 1, 2018 1,250 units...
-
Fibertech GmbH is a distributor of outdoors technical clothing. The company outsources the production of clothing to external manufacturers in Bangladesh and sells the clothing under its own brands....
-
PLEASE HELP WITH PART 2 & 3 Thanks Required information Exercise 1 0 - 7 ( Algo ) Part 2 Prepare journal entries to record the first two interest payments. Journal entry worksheet Record the interest...
Study smarter with the SolutionInn App