Employees participate in self-insurance

Assignment Help Business Management
Reference no: EM131010389

1. Newsweek (November 23, 1992) reported that 40% of all U.S. employees participate in "self-insurance" health plans (p = .40).

a. In a random sample of 100 employees, what is the approximate probability that at least half of those in the sample participate in such a plan?

b. Suppose you were told that at least 60 of the 100 employees in a sample from your state participated in such a plan. Would you think p = .40 for your state? Explain.

2. The nicotine content in a single cigarette of a particular brand has a distribution with mean 0.8 mg and standard deviation 0.1 mg. If 100 of these cigarettes are analyzed, what is the probability that the resulting sample mean nicotine content will be less than 0.79? less than 0.77?

Reference no: EM131010389

Questions Cloud

Implementation of the binomial market model : Use appropriate current Treasury bill data to determine a continuously compounded interest rate suitable to price June options. Note: You need to indicated your sources of data and document your procedure.
What is the rate of return on your investment : Use the following quotes for JC Penney stock options: Picture Picture Assume you purchased the right to sell 4,400 shares of JC Penney stock in January 2013 at a strike price of $25 per share. Suppose the stock sells for $23.82 per share immediately ..
What the benefit of a property manager is : After reviewing Chapter 15, "Managing Commercial Real Estate," explain what the benefit of a property manager is and whether you would solicit this type of assistance. describe your logic.
What are the probabilities of the six simple events : Now suppose that the die is loaded so that the probability of any particular simple event is proportional to the number showing on the corresponding upturned face; that is, P(O1) = c, P(O2) = 2c, . . . , P(O6) = 6c. What are the probabilities of t..
Employees participate in self-insurance : 1. Newsweek (November 23, 1992) reported that 40% of all U.S. employees participate in "self-insurance" health plans (p = .40).
If a portfolio of the two assets has an expected return : A stock has a beta of 1.2 and an expected return of 11.8 percent. A risk free asset currently earns 3.8 percent. What is the expected return on a portfolio that's equally invested in the two assets? If a portfolio of the two assets has a beta of .8, ..
Identify and explain key concepts constructs : Read and summarize Chapters 8-Managing Products and Services, Chapter9- Managing Brands and Chapter 12-Managing Communication. Please read the assigned chapters carefully and thoroughly. Identify and explain key concepts, constructs, and phrases d..
Demonstrate a good comprehension of enlightenment worldview : Write an essay (1,000-1,250 words) that demonstrates a good comprehension of the enlightenment worldview and how it became a threat to orthodoxy.
The topic is about the a.i. and human beings : Please use these subheadings in Proposal. Use first person in the Proposal. The Proposal should be 3 pages long. Discussion section should discuss what you think you may find out. The Conclusion section should list method of pursuing topic step by..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd