Solution-Find information on the costs

Find information on the costs

Assignment Help Basic Statistics

Reference no: EM131050617

HR Consulting surveyed a random sample of 74 Twin Cities construction companies to find information on the costs of their health care plans. One of the items being tracked is the annual deductible that employees must pay. The Minnesota Department of Labor reports that historically the mean deductible amount per employee is $502 with a standard deviation of $120.

Compute the standard error of the sample mean

Reference no: EM131050617

Questions Cloud

Zopf company sells its bonds at a premium : Zopf Company sells its bonds at a premium and applies the effective-interest method in amortizing the premium. Will the annual interest expense increase or decrease over the life of the bonds? Explain.

Describe your initial reaction to the concepts in this video : Did any of the information in the video surprise you? Why or why not? Discuss how a person's social class (also referred to as socioeconomic status) can affect his or her chances of success.

What kind of strategy would you recommend for xiaomi : What kind of strategy would you recommend for Xiaomi's international expansion? Would you recommend product standardization or localization?

Issued various types of bonds such as term bonds : Potlatch Corporation has issued various types of bonds such as term bonds, income bonds, and debentures. Differentiate between term bonds, mortgage bonds, debenture bonds, income bonds, callable bonds, registered bonds, bearer or coupon bonds, co..

Find information on the costs : HR Consulting surveyed a random sample of 74 Twin Cities construction companies to find information on the costs of their health care plans. One of the items being tracked is the annual deductible that employees must pay.

Why might the industry that you plan to pursue a career : Such information is called business intelligence. Think about your future career goals. Why might the industry that you plan to pursue a career in need to gather such data?

Find a problem for improvement or comparison in the industry : Briefly discuss the industry's market/history. Find a problem or source for improvement or comparison in the industry. Propose a solution to the problem or an idea to improve a process.

What ethical issues consider when conducting research study : Go to the KU Online Library and select either a longitudinal or cross-sectional research article. What is the research question, and how did the researcher(s) attempt to answer this research question? Prior to discussing the steps involved, be sur..

What are the key facts of the case : Read the O'Bannon v. NCAA case posted on Blackboard and prepare a detailed case briefing. What are the key facts of the case? What were the key issues to be decided

User Account

All Pages

Find information on the costs

Reference no: EM131050617

Reference no: EM131050617

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

Statistics-probability assignment

What is the least number

Determine the value of k

What is the probability

Binomial distributions

Caselet on mcdonald’s vs. burger king - waiting time

Generate descriptive statistics

Sampling variability and standard error

Estimate the population mean

Conduct a marketing experiment

Find out the probability

Linear programming models

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT