What is the mean turnover rate? A hospital wants to compare its annual patient turnover rate...
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What is the mean turnover rate? A hospital wants to compare its annual patient turnover rate per bed with similar hospitals. The turnover rates for a sample of 80 beds at the hospital are shown in the table to the right. (An annual turnover of 21 per bed indicates that, during the year, 21 patients occupied the same hospital bed.) Annual TurnoverRate 10 & under 15 15 & under 20 20 & under 25 25 & under 30 30 & under 35 35 & under 40 40 & under 50 50 & under 60 Number of Beds 5 58 8 12 28 14 652 What is the mean turnover rate? A hospital wants to compare its annual patient turnover rate per bed with similar hospitals. The turnover rates for a sample of 80 beds at the hospital are shown in the table to the right. (An annual turnover of 21 per bed indicates that, during the year, 21 patients occupied the same hospital bed.) Annual TurnoverRate 10 & under 15 15 & under 20 20 & under 25 25 & under 30 30 & under 35 35 & under 40 40 & under 50 50 & under 60 Number of Beds 5 58 8 12 28 14 652
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Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
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