Business, 06.11.2020 21:10 elexiafloyd
Employers typically have a Benefits Open Enrollment in the fall, through which
employees sign up for certain benefits for the next calendar year. Assume 65% of
employees at Southeast have Health Plan X. Additionally, 41% of employees have
life insurance. If 23% of employees do not have Health Plan X and do not have life
insurance, determine the following:
A. Given that an employee has life insurance, what is the probability that he/she
does not have Health Plan X?
B. What is the probability that an employee does not have life insurance, given
that he/she has Health Plan X?
C. What is the probability that an employee has Health Plan X and no life
insurance?
D. Describe what it means for two events to be mutually exclusive
Answers: 2
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Employers typically have a Benefits Open Enrollment in the fall, through which
employees sign up fo...
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