Benefits Fifty-six percent of all American workers have a workplace retirement plan, 68% have health insurance, and 49% have both benefits. We select a worker at random.
a) What’s the probability he has neither employersponsored health insurance nor a retirement plan?
b) What’s the probability he has health insurance if he has a retirement plan?
c) Are having health insurance and a retirement plan independent events? Explain.
d) Are having these two benefits mutually exclusive? Explain.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here