Health insurance benefits vary by the size of the company (the Henry J. Kaiser Family Foundation website, June 23, 2016). The sample data below show the number of companies providing health insurance for small, medium, and large companies. For the purposes of this study, small companies are companies that have fewer than 100 employees. Medium-sized companies have 100 to 999 employees, and large companies have 1000 or more employees. The questionnaire sent to 225 employees asked whether or not the employee had health insurance and then asked the enployee to indicate the size of the company. Health Insurance Size of Company Yes No Total Small 34 16 50 Medium 65 10 75 Large 90 10 100 a. Conduct a test of independence to determine whether health insurance coverage is independent of the size of the company. What is the p-value? Compute the value of the X test statistic (to 2 decimals). The p-value is - Select your answer Using a = .05 level of significance, what is your conclusion? - Select your answer - b. A newspaper article indicated employees of small companies are more likely to lack health Insurance coverage. Calculate the percentages of employees without health insurance based on company size (to the nearest whole number). Small % Medium Large %
Health insurance benefits vary by the size of the company (the Henry J. Kaiser Family Foundation website, June 23, 2016). The sample data below show the number of companies providing health insurance for small, medium, and large companies. For the purposes of this study, small companies are companies that have fewer than 100 employees. Medium-sized companies have 100 to 999 employees, and large companies have 1000 or more employees. The questionnaire sent to 225 employees asked whether or not the employee had health insurance and then asked the enployee to indicate the size of the company. Health Insurance Size of Company Yes No Total Small 34 16 50 Medium 65 10 75 Large 90 10 100 a. Conduct a test of independence to determine whether health insurance coverage is independent of the size of the company. What is the p-value? Compute the value of the X test statistic (to 2 decimals). The p-value is - Select your answer Using a = .05 level of significance, what is your conclusion? - Select your answer - b. A newspaper article indicated employees of small companies are more likely to lack health Insurance coverage. Calculate the percentages of employees without health insurance based on company size (to the nearest whole number). Small % Medium Large %
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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