Discussion Topic Businesses are structured to make money. That's part of what defines success for a business. Company leaders strive to generate as much profit as possible by increasing revenue while decreasing costs.

It costs the company money to provide benefits to employees, such as insurance. And yet companies often provide health and dental insurance for their employees. They also pay for insurance to help employees who become injured or disabled.

Given the costs associated with insurance, why do companies provide insurance plans to employees?

In a test for esp (extrasensory perception), a subject is told that cards only the experimenter can see contain either a star, a circle, a wave, or a square. as the experimenter looks at each of 20 cards in turn, the subject names the shape on the card. a subject who is just guessing has probability 0.25 of guessing correctly on each card. a. the count of correct guesses in 20 cards has a binomial distribution. what are n and p? b. what is the mean number of correct guesses in 20 cards for subjects who are just guessing? c. what is the probability of exactly 5 correct guesses in 20 cards if a subject is just guessing?