Perhaps the Most Important Issue in Benefits Management Is the Challenge

question 51

Multiple Choice

Perhaps the most important issue in benefits management is the challenge of providing quality medical benefits while

• A)complying with legal requirements
• B)controlling costs
• C)satisfying the needs of the employees
• D)satisfying the strategic objectives of the organization

---

Definitions:

Sample Variance

A measure that quantifies the amount of variability or spread in a sample data set.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists between certain characteristics or variables being studied.

Sample Mean

The average value of a set of observations taken from a sample, which is used to estimate the mean of the entire population.

Hypotheses

Hypotheses are proposed explanations made on the basis of limited evidence as a starting point for further investigation.