Math

StatisticsQ&A LibraryBenefits Fifty-six percent of all American workers have a workplace retirement plan, 68% have health insur-ance, and 49% have both benefits. We select a worker at random. 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 hehas a retirement plan?c) Are having health insurance and a retirement planindependent events? Explain.d) Are having these two benefits mutually exclusive?Explain.Start your trial now! First week only $4.99!*arrow_forward*

Question

Benefits Fifty-six percent of all American workers have

a workplace retirement plan, 68% have health insur-

ance, and 49% have both benefits. We select a worker at

ance, and 49% have both benefits. We select a worker at

random.

a) What’s the probability he has neither employer-

sponsored health insurance nor a retirement plan?

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.

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.

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