In 2010, the Average Cost for Family Coverage in an Employer-Based

question 5

Short Answer

In 2010, the average cost for family coverage in an employer-based group healthcare insurance plan was $_______________.

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Definitions:

Linear Programming

A mathematical modeling technique used to achieve the best outcome in a given mathematical model for some list of requirements represented as linear relationships.

Decision Variables

Choices available to a decision maker.

Linear Programming

A mathematical technique used for optimization of resources, which involves linear equations to represent constraints and an objective function to maximize or minimize.

Objective Function

A mathematical function used in optimization to represent the goal that needs to be achieved, often minimizing or maximizing some quantity.