Use the Data to Find the Required Rate

question 78

Multiple Choice

Use the data to find the required rate. Round your answer to thousandths unless indicated otherwise.
-An insurance company reported that last year there were claims for medical expenses for 2669 on-the-job injuries. The company covers 327,171 employees. Find the rate of on-the-job injuries per 10,000 employees. Round your answer to hundredths.

• A)2.669 injuries per 10,000 employees
• B)81.58 injuries per 10,000 employees
• C)0.01 injury per 10,000 employees
• D)0.008 injury per 10,000 employees

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Definitions:

Secondary Labour Market

A segment of the job market associated with low pay, low skill, temporary or precarious employment, often lacking benefits and job security.

High-Skilled

Referring to jobs or workers that require advanced knowledge or abilities, often acquired through extensive education or specialized training.

Labour Market Segmentation

The division of the labor market into distinct sub-markets or segments, each with its own set of employment practices, job characteristics, and worker demographics, leading to unequal job opportunities and wages.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, marked by significant events, battles, and shifts in power.