Fifty-six percent of all American workers have a workplace retirement plan, 68% have health insurance, and 49%
Question:
a) What's the probability he has neither employer-sponsored 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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
Construct a Venn diagram possible outcomes a Pneither benefit 1 Peither retirement or heal...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
Question Posted:
Students also viewed these Statistics questions
-
What proportion of all American workers drive their cars to work? Suppose a poll of American workers is taken in an effort to answer that question, and the Minitab output shown here is an analysis of...
-
What proportion of all American workers drive their cars to work? Suppose a poll of American workers is taken in an effort to answer that question, and the Minitab output shown here is an analysis of...
-
Cisco Systems, Inc., is the leading maker of networking gear that connects computers to the Internet. Company managers are concerned with the productivity of their workers as well as their job...
-
In Exercises 116, evaluate each algebraic expression for the given value or values of the variable(s). x 2 - 4(x - y), for x = 8 and y = 3
-
Which of the following do you consider pure public goods? Private goods? Why? a. Wilderness areas b. Satellite television c. Medical school education d. Public television programs e. Automated teller...
-
Differentiate between shopper marketing and cooperative advertising.
-
How does the Mission System SEA differ from the Enabling System SEA?
-
ArticleIndex.com is a company that produces indexes of magazine and periodical articles for a given discipline. AWeb user should be able to enter an article topic or authors and receive a detailed...
-
In the figure, point P lies at a distance of R up the perpendicular bisector of a uniformly charged insulating rod of length L. The rod's diameter is negligible compared to its length. Find the...
-
The head of a citys Recreation Department feels that the employees of the department are the best in the city. Each year, all city employees receive a standardized performance evaluation that rates...
-
A university requires its biology majors to take a course called BioResearch. The prerequisite for this course is that students must have taken either a Statistics course or a computer course. By the...
-
A survey found that 73% of Americans have a home phone, 83% have a cell phone and 58% of people have both. a) If a person has a home phone, what's the probability that they have a cell phone also? b)...
-
Why are ethical concerns important when designing service pricing and revenue management strategies? What are potential consumer responses to service pricing or policies that are perceived as unfair?
-
Your mission is to track incoming meteors to predict whether or not they will strike Earth. Since Earth has a circular cross section, you decide to set up a coordinate system with its origin at...
-
The Sarbanes-Oxley Act requires companies to provide reportsfrom management on the effectiveness of internal controls overfinancial reporting. Visit the PCAOB website and review Standard 5.In...
-
O Notice f = 2 tan- (2t + t) dt is a composite function f(g(x)) where g = 2x. [f(2x)] = f'(2x) (2x)'. Apply this idea to find Recall from differential calculus that d 2x3 dx [ tan(2+ + - t) dt]. dx...
-
A farmer was told by the municipality to enclose a field by a river to keep his animals out of the water. He decides to enclose a rectangular field as show below. The fence on the river side cost $24...
-
Consider the function f(x) = - 7x - 84 ln(x) a. State the intervals of x where f(x) is concave up. [use exact values, no decimals] b. State the intervals of a where f(x) is concave down. [use exact...
-
All vectors are in R n . Justify each answer. (T/F) A matrix with orthonormal columns is an orthogonal matrix.
-
Research corporate acquisitions using Web resources and then answer the following questions: Why do firms purchase other corporations? Do firms pay too much for the acquired corporation? Why do so...
-
A listing posted by the Arbys restaurant chain gives, for each of the sandwiches it sells, the type of meat in the sandwich, number of calories, and serving size in ounces. The data might be used to...
-
A school in the northeastern United States is concerned with the recent drop in female students in its MBA program. It decides to collect data from the admissions office on each applicant, including:...
-
An internationally recognized MBA program outside of Paris intends to also track the GPA of the MBA students and compares MBA performance to standardized test scores over a six-year period (20092014).
-
Outdoor Luggage, Incorporated, makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below. Ski Guard Selling price per unit $ 270...
-
Jury nullification can be defined as when the jury refuses to convict a defendant who is legally guilty of the crime. This typically occurs when a jury finds that the law is unjust or that the...
-
21. (5 points) Write code snippet to find the smaller number of two integers. int num1 = input.nextInt(); int num2=input.nextInt(): int smaller; // your code here 22. (5 points) Write code snippet to...
Study smarter with the SolutionInn App