Social Insurance Is Defined as

question 22

Multiple Choice

Social insurance is defined as

• A)programs such as unemployment insurance, disaster relief, or disability payments that provide benefits to all eligible citizens.
• B)programs such as Medicaid and welfare under which applicants must meet eligibility requirements based on need.
• C)the many programs that the federal government provides to protect Americans against economic and social misfortune.
• D)aid to the poor.
• E)programs in which eligibility is based on prior contributions to government, usually in the form of payroll taxes.

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Definitions:

Positively Correlated

A relationship between two variables where they move in the same direction, meaning as one variable increases, so does the other, and vice versa.

Scatterplot

A type of graph in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present.

Normal Curve

A symmetrical, bell-shaped curve representing the distribution of a set of data where most occurrences fall near the average, and fewer are found the farther one moves away from the mean.

Standard Deviation

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean (average) of the data set.