59. According to the federal government, 24% of workers covered by their companys health care plan were
Question:
59. According to the federal government, 24% of workers covered by their company’s health care plan were not required to contribute to the premium (Statistical Abstract of the United States: 2006). A recent study found that 81 out of 400 workers sampled were not required to contribute to their company’s health care plan.
a. Develop hypotheses that can be used to test whether the percent of workers not required to contribute to their company’s health care plan has declined.
b. What is a point estimate of the proportion receiving free company-sponsored health care insurance?
c. Has a statistically significant decline occurred in the proportion of workers receiving free company-sponsored health care insurance? Use α .05.
Step by Step Answer:
Essentials Of Statistics For Business And Economics
ISBN: 9780324568608
5th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams