For many years businesses have struggled with the rising cost of health care. But recently, the increases have slowed du
Posted: Wed May 11, 2022 2:01 pm
For many years businesses have struggled with the rising cost of health care. But recently, the increases have slowed due to lese inflation in health care prices and employees paying for a larger portion of health care benefits. A recent Mercer survey showed that 52% of U.S. employers were likely to require higher employee contributions for health care coverage. Suppose the survey was based on a sample of 600 companies. Compute the margin of error and a 95% confidence interval for the proportion of companies likely to require higher employee contributions for health care coveragt. If required, round your answer to four decimal places. Hound intermediate calculations to four decimal places Margin of Error Confidence interval to