Answer:
Explanation:
S/N Age range Adult Population Population Internet Users
A 18 - 29 478 454
B 30 - 49 833 741
C 50 and above 1644 1058
Total 2955 2253
a) Let E = Estimate proportion and A = Internet users
Hence, n(E) = 478 and n(A) = 454
∴ Probability of Internet users (18 - 29), P(A) = n(A)/n(E) = 454/478 = 0.9498 (94.98%)
b) n(E) = 833 and n(B) = 741
∴ Probability of Internet users (30 - 49), P(B) = n(A)/n(E) = 741/833 = 0.8896 (88.96%)
c) n(E) = 1644 and n(C) = 1058
∴ Probability of Internet users (50 and above), P(C) = n(C)/n(E) = 1058/1644 = 0.6436 (64.36%)
d) Let Et = Total estimate proportion
Hence, n(Et) = 2955 and n(A) = 454
∴ Probability of 18 - 29 age range using Internet overall Pt(A) = n(A)/n(Et) = 454/2955 = 0.1536 (15.36%)
Answer:
Medicare SELECT
Explanation:
MEDICARE SELECT is a type of policy in which a person or an individual that is insured or covered by insurance is told to select or use a particular hospital or a particular doctor thereby limiting such person to that particular hospital and a particular doctor in order for such person to be eligible to receive the Medicare insured benefit which is why an insured person making use of MEDICARE SELECT policy are been offered a premium that is low due to the limitation of using a particular hospital and a particular Doctor .
The Solow model predicts that output will grow and that the new steady state will approach THE SAME LEVEL OF OUTPUT PER INDIVIDUAL AS BEFORE.
The Solow growth model is a standard model of economic growth. The model postulates that growth of per capital output is the result of capital accumulation and technological advancement.
<span>Macro, micro, pico, femto and umbrella are all types of cell sizes in a GSM network.
Our mobile phones are connected to a cellular network by searching for cells, the coverage are of cells depends on your environment, that cellular network is a GSM. GSM network is a global system for mobile communication. </span>
Answer:
can be thought of as a bank withholding a portion of its total deposits that are not loaned out.
Explanation:
Fractional reserve banking is when banks accepts deposits from customers and lend out only a fraction of the deposits. The remaining are kept as reserves.
The central bank requires bank to keep certain amount of money as reserves in order to meet unforeseen circumstances
