The Owner of a Small Manufacturing Firm Is Concerned About

question 144

Essay

The owner of a small manufacturing firm is concerned about the high cost of health insurance for his employees.A random sample was taken from the total of 120 employees to determine whether they would support the owner's proposal for participation in a preferred-provider plan.Of the 50 employees sampled,28 strongly supported the plan.Construct a 95% confidence for the true proportion.
____________________ to ____________________
Do you feel that the proposed plan would get majority support from the employees if put to a vote? Explain your answer.

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Definitions:

Policy Manual

A document that provides a comprehensive description of a company's or organization's policies and procedures.

Employee Termination

The process of ending the employment of an employee or staff member by their employer, which can be voluntary or involuntary.

Job Responsibilities

The specific tasks and duties that are expected to be performed by someone holding a particular job position.

Medical Facility

A place that provides clinical and diagnostic services, treatment, and care for patients, such as a hospital or clinic.