Greytip Information Systems,a Software Development Firm,tackles High Health-Care Costs by Encouraging

question 48

Multiple Choice

Greytip Information Systems,a software development firm,tackles high health-care costs by encouraging employees to enroll in smoking-cessation classes,and teaches them relaxation techniques to help them to deal with stress.Greytip Information Systems is most likely to be using which of the following cost-cutting tools?

• A) sliding-scale plans
• B) health insurance buying groups
• C) wellness programs
• D) 401(k) plan
• E) high-deductible insurance

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Definitions:

Experiment

A process that generates well-defined outcomes.

Expected Value

The long-run average value of repetitions of the experiment it represents, reflecting the probability-weighted average of all possible values.

Probability Function

This is a function in mathematics that determines the probability of different outcomes happening in an experiment.

Weighted Average

An average where each quantity to be averaged is assigned a weight, reflecting its importance.