How many different benefit packages can an employee select

Reference no: EM131424186

Manufacturing and Product Development Valassis, a marketing services company, offers a cafeteria-style benefit program; an employee may select three benefits from five. The five possible benefits are health insurance, life insurance, a prescription plan, dental insurance, and vision insurance.

a. How many different benefit packages can an employee select? List them.

b. If all benefit packages are equally likely, what is the probability that an employee selects a package that includes health insurance?

c. If all benefit packages are equally likely, what is the probability that an employee selects a package that includes life insurance and a prescription?

Reference no: EM131424186

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