Consider the costs charged for treatment of heart failure and shock by hospitals in the Puget Sound
Question:
a. Summarize the costs.
b. Draw a box plot.
c. Draw a cumulative distribution function.
d. If your hospital wanted to place itself in the 65th percentile relative to the costs of this area, how much should be charged for this procedure?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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