=+5.40 Cost-to-charge ratio (the percentage of the amount billed that represents the actual cost) for inpatient
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=+5.40 ● Cost-to-charge ratio (the percentage of the amount billed that represents the actual cost) for inpatient and outpatient services at 11 Oregon hospitals is shown in the following table (Oregon Department of Health Services, 2002). A scatterplot of the data is also shown.
Cost-to-Charge Ratio Outpatient Inpatient Hospital Care Care 1 62 80 2 66 76 3 63 75 4 51 62 5 75 100 6 65 88 7 56 64 8 45 50 9 48 54 10 71 83 11 54 100
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Statistics The Exploration And Analysis Of Data
ISBN: 9781111804138
6th Edition
Authors: John M Scheb, Jay Devore, Roxy Peck
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