A Company Interested in the Health of Its Employees Started $\quad$

question 16

Multiple Choice

A company interested in the health of its employees started a health program including
Monitoring blood pressure.Based on age, employees were categorized according to ranges of
Blood pressure by age intervals.Data are shown in the table below. $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\text { Age }$ $\begin{array} { | c | c | c | c | c | } \hline \text { BP } & \text { Under 30 } & \mathbf { 3 0 } - \mathbf { 4 9 } & \text { Over } \mathbf { 5 0 } & \text { Total } \\\hline \text { Low } & 27 & 38 & 31 & 96 \\\hline \text { Normal } & 48 & 90 & 92 & 230 \\\hline \text { High } & 23 & 59 & 72 & 154 \\\hline \text { Total } & 98 & 187 & 195 & 480 \\\hline\end{array}$
Of all employees, the percentage who are over 50 and have high blood pressure is

• A)46.8% (72/154).
• B)15.0% (72/480).
• C)31.6% (59/187).
• D)36.9% (72/195).
• E)47.2% (92/195).

Understand the effect of government policy changes on demand elasticity.

Apply the concept of marginal analysis in production decisions.

Describe the differences between types of goods based on income changes.

Analyze the effects of price changes on revenue depending on demand elasticity.

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, including the mean, median, and mode as common examples.

Household Incomes

The total income earned by all members of a household, encompassing all financial sources.

Annual Income

The total amount of money earned or received in a year from employment, investments, or other sources before taxes and deductions.

Symmetrical

Symmetrical refers to an object or design that is evenly proportioned and balanced in size and shape on both sides.