The Health Care Cost Institute tracks health care expenditures for beneficiaries under the age of 65 who are covered by employer-sponsored private health insurance (Health Care Cost Institute website, November 4, 2012). The data contained in the file named DrugCost are consistent with the institute’s findings concerning annual prescription costs per employee. Analyze the data using Excel or Minitab and answer the following questions.
a. Develop a 90% confidence interval for the annual cost of prescription drugs.
b. Develop a 90% confidence interval for the amount of out-of-pocket expense per employee.
c. What is your point estimate of the proportion of employees who incurred no prescription drug costs?
d. Which, if either, of the confidence intervals in parts (a) and (b) has a larger margin of error? Why?
On May 1, 2017, Pinkley Company sells office furniture for $300,000 cash The office furniture originally cost $750,000 when purchased on January 1, 2010 Depreciation is r...Apr 19 2020
I am taking TCA 221 class. I am in Ch.2 now, which is Accounting for Business Transactions. The question ask me to make T-account for every item - "Paid $100 on account t...Sep 14 2020
The following graph represents the market for wheat. The equilibrium price is $20 per bushel and the equilibrium quantity is 14 million bushels.a. Explain what will happe...Apr 24 2020
Consider the system of components connected as in theaccompanying picture. Components 1 and 2 are connected in parallel,to that subsystem work iff either 1 or 2 works; si...Apr 25 2020
Basic concepts Aa Aa Match the terms relating to the basic terminology and concepts of risk and rates of return on the left with the descriptions of the terms on the righ...Apr 19 2020
generally accepted accounting principlesNov 30 2017
Q1-HY Company is planning to install a new machinery that will cost RO50,000 and has a useful life of 5 years with RO2000 salvage value. The CFAT from the investment for ...Apr 08 2021
A proposed production system consists of five serial automatic workstations. The processing times at each workstation are constant: 11, 10, 11, 11, and 12 (all times give...Aug 05 2020
Which of the following entry will be recorded, if a cheque deposited is dishonored by bank? (A) Bank Account (Dr.) and Debtor's Account (Cr.) (B) Debtor's Account (Dr.)...Apr 11 2018
Suppose total ouput is 30, total input is 2, and the cost of input is $1.00 each. What is the productivity measure? What is the main source of increased productivity? pro...May 18 2020