Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 06, 2024

out of 600 employees of a firm 260 have a life insurance policy 300 have a medical insurance policy cover and 180 participate in both

out of 600 employees of a firm 260 have a life insurance policy 300 have a medical insurance policy cover and 180 participate in both programs

1. what is the probability that a randomly selected employee will be a participant in at list one of

the two program

2. determine the probability that an employee will be a participant in the life insurance plan given that he/she has a medical cover

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Globalization The Social Consequences Of Political, Economic, And Environmental Change

Authors: Robert K Schaeffer

4th Edition

0742561801, 9780742561809

Students also viewed these Mathematics questions

Question

★★★★★

Explain the types of decisions you might expect an executive management team should make for global footwear company.

Answered: 1 week ago

Question

★★★★★

=+National League Runs American League Runs Colorado Rockies 4.68 Los Angles Angels 4.73 St. Louis Cardinals 4.72 Texas Rangers 4.99 San Francisco Giants 4.43 Detroit Tigers 4.48 Washington Nationals...

Answered: 1 week ago

Question

★★★★★

Taos Company's record of transactions concerning part X for the month of April was as follows. Instructions (a) Compute the inventory at April 30 on each of the following bases. Assume that perpetual...

Answered: 1 week ago

Question

★★★★★

The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year Busiest month (June) Slowest month (December) Machine Hours 18,000...

Answered: 1 week ago

Question

★★★★★

I am currently enrolled in BUSN 278 Devry University and need help with the week 7: Lab Assignment. The question is this: I need help with a pro-forma income statement based on the following...

Answered: 1 week ago

Question

★★★★★

Q1. In the design of a shower head, a "flow reducer" is installed to conserve water and energy as shown in Figure 1. After installation, the flow rate, Q, is reduced by a factor of 2. Assume the...

Answered: 1 week ago

Question

★★★★★

Histogram of Wave Heights for Sheet Harbour, Halifax County 20 15- Percent 10 5 0. 0.4 0.8 1.6 2.0 2.4 Wave Height (metres) Location N Mean StDev Minimum Q1 Median Q3 Maximum Lobster Bay 319 0.4966...

Answered: 1 week ago

Question

★★★★★

2.1.35 A 1m x 1m square board is sup- ported by two strings AE and BF. The ten- sion in the string BF is 20 N. Express this tension as a vector. y E 2 m 2.5 m F 1 1 m A B plate 1 m 2 m D C x...

Answered: 1 week ago

Question

★★★★★

On January 15, 2014, Mary Barra became the chief executive officer (CEO) of General Motors, the first female CEO of a major global automaker. She is also a member of the GM board of directors....

Answered: 1 week ago

Question

★★★★★

Emily needs your help with building a display for cakes. She wants to include a small roof over the display to provide some shade and protection from the elements. She is trying out different...

Answered: 1 week ago

Previous Question Next Question