If Your Deductible Is $400 and You Have Co-Insurance of 25%,how

question 107

Multiple Choice

If your deductible is $400 and you have co-insurance of 25%,how much will you have to pay for a $5,000 hospital stay?

• A)$400
• B)$1,150
• C)$1,250
• D)$1,550
• E)$1,650

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Definitions:

Continuous Variables

Variables that can take an infinite number of values within a given range, allowing for very fine distinctions.

Factor Analysis

An analytical method in statistics that identifies the basic variables, or factors, explaining the correlation patterns seen within a group of observed variables.

Factors

In the context of statistics and experimental design, variables that are manipulated or measured to determine their effect on an outcome variable.

Outcomes

The possible results or consequences of an experiment or study.