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...


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.





May 18, 2022
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