ule state of headquarters of the corporation is located in the state of lle xas

Question

ule state of headquarters of the corporation is located in the state of lle xas Find P (T). c) Let B be the event that the "headquarters of the corporation is located outside of these six states". Find P (B). 5. (12; 2 each) Once upon a time (actually, not so long ago), somewhere in the neighborhood of 40 million citizens of the USA did not have health insurance. That number came close to reaching 50 million before the passage of the affordable Care Act, but now it is below 30 million. The figures below are drawn from a survey in the year 2003. It is based on a representative sample of the population of individuals 18 years of age and older. Medical Insurance? Yes 750 No 18 to 34 years 3Syears and older 950 170 130 Age doesnt have imdicd insuwance Indvdual beueen Pldoesn't haveinsuiane indvdual between 18-34 0.15

Explanation / Answer

a)

b) P(does not have medical Insurance ) = 0.085+0.065 = 0.15

c) P(doesnot have medical insurance | age between 18 to 34) =

P(doesnot have medical insurance and age between 18 to 34)/ P(age between 18 to 34) = 0.085/0.46 = 0.185

d) P(doesnot have medical insurance | age 35 and older) =

P(doesnot have medical insurance and age 35 and older) / P(age 35 and older) = 0.065/0.54 = 0.120

e) P(age between 18 to 34| doesnot have medical insurance) =

P(doesnot have medical insurance and age between 18 to 34)/ P(doesnot have medical insurance) = 0.085/0.15 =0.567

Medical Insurance ? Yes No Total Age 18 to 34 750/2000=0.375 170/2000=0.085 0.46 35 years and older 950/2000 =0.475 130/2000 =0.065 0.54 Total 0.85 0.15 1

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