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The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.
If the statements above are all true, which of the following can be properly inferred on the basis of them?
- a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.
- b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.
- c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.
- d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.
- e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.
Correct answer is option 'B'. Can you explain this answer?
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The price of health insurance as a percentage of an individual’s...
Statements:
- The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care.
- If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.
Now let's evaluate each answer choice:
(A) If individuals receiving free or reduced-cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.
This answer choice introduces the idea of removing a specific group from the sample, which is not mentioned in the original statements. Therefore, it cannot be properly inferred from the given information. Thus, option A is incorrect.
This answer choice introduces the idea of removing a specific group from the sample, which is not mentioned in the original statements. Therefore, it cannot be properly inferred from the given information. Thus, option A is incorrect.
(B) Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.
This answer choice aligns with the original statements. The statements suggest that the percentage of income spent on health insurance does not indicate the quality of care. Therefore, reducing the percentage of income spent on health insurance does not necessarily lead to lower quality of care. This inference can be logically derived from the given information. Thus, option B is correct.
This answer choice aligns with the original statements. The statements suggest that the percentage of income spent on health insurance does not indicate the quality of care. Therefore, reducing the percentage of income spent on health insurance does not necessarily lead to lower quality of care. This inference can be logically derived from the given information. Thus, option B is correct.
(C) Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between the amount of money spent and quality of care.
This answer choice introduces a new concept of considering the dollar amount spent on health insurance instead of the percentage. The original statements only focus on the percentage of income, not the dollar amount. Therefore, this cannot be properly inferred from the given information. Thus, option C is incorrect.
This answer choice introduces a new concept of considering the dollar amount spent on health insurance instead of the percentage. The original statements only focus on the percentage of income, not the dollar amount. Therefore, this cannot be properly inferred from the given information. Thus, option C is incorrect.
(D) It is probable that individuals who spend more on health insurance, in fact, get a lower quality of care than those who spend less on health care.
The original statements do not provide any information that suggests individuals who spend more on health insurance receive lower quality of care. This answer choice introduces an opposite claim to the original statements, making it an invalid inference. Thus, option D is incorrect.
The original statements do not provide any information that suggests individuals who spend more on health insurance receive lower quality of care. This answer choice introduces an opposite claim to the original statements, making it an invalid inference. Thus, option D is incorrect.
(E) Individuals who spend the greatest percentage of their income on health insurance never receive high-quality care from medical providers.
The original statements do not make any claims about individuals who spend the greatest percentage of their income on health insurance never receiving high-quality care. This answer choice makes an extreme claim that goes beyond the information provided, so it cannot be properly inferred. Thus, option E is incorrect.
The original statements do not make any claims about individuals who spend the greatest percentage of their income on health insurance never receiving high-quality care. This answer choice makes an extreme claim that goes beyond the information provided, so it cannot be properly inferred. Thus, option E is incorrect.
Therefore, the correct answer is (B). Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.
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The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer?
Question Description
The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer?.
The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer?.
Solutions for The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT.
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Here you can find the meaning of The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The price of health insurance as a percentage of an individual’s overall monthly income does not necessarily indicate quality of care. If it did, individuals who spent a greater percentage of their income on health insurance would receive better quality of care, or vice versa.If the statements above are all true, which of the following can be properly inferred on the basis of them?a)If individuals receiving free or reduced cost health insurance from the government were removed from the sample, there would be a strong correlation between cost and quality of care.b)Reducing an individual’s spending on health insurance as a percent of their income will not necessarily lead to lower quality of care.c)Looking at the dollar amount spent on health insurance rather than the percentage would show a correlation between amount of money spent and quality of care.d)It is probable that individuals who spend more on health insurance in fact get a lower quality of care than do those who spend less on health care.e)Individuals who spend the greatest percentage of their income on health insurance never receive high quality of care from medical providers.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.
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