The ministry of Health and Long-Term Care in Ontario, Canada, publishes information on its web site (www.health.gov.on.ca)

Question:

The ministry of Health and Long-Term Care in Ontario, Canada, publishes information on its web site (www.health.gov.on.ca) on the time that patients must wait for various medical procedures. For two cardiac procedures completed in fall of 2005, the following information was provided:

a. The median wait time for angioplasty is greater than the median wait time for bypass surgery but the mean wait time is shorter for angioplasty than for bypass surgery. What does this suggest about the distribution of wait times for these two procedures?
b. Is it possible that another medical procedure might have a median wait time that is greater than the time reported for €œ90% completed within€? Explain.

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...