Solution-Employee health insurance coverage

Employee health insurance coverage

Assignment Help Basic Statistics

Reference no: EM131402700

With double- digit annual percentage increases in the cost of health insurance, more and more workers are likely to lack health insurance coverage. The following sample data provide a comparison of workers with and without health insurance coverage for small, medium, and large companies. For the purposes of this study, small companies are companies that have fewer than 100 employees. Medium companies have 100 to 999 employees, and large companies have 1000 or more employees. Sample data is reported as follows:

	Health Insurance
Size of Company	Yes	No	Total
Small	50	25	75
Medium	80	20	100
Large	115	10	125
Total	245	55	300

Conduct a test of independence using critical-value approach to determine whether employee health insurance coverage is independent of the size of the company. State the Hypotheses and the conclusion. Use α = .005.

What is the p-value? What is your conclusion based on p-value approach?

The USA Today article indicated employees of small companies are more likely to lack health insurance coverage. Use percentages based on the preceding data to support this conclusion.

Reference no: EM131402700

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Employee health insurance coverage

Reference no: EM131402700

Reference no: EM131402700

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