Question: Given the data below, make a Pareto chart reporting the major diagnostic categories (MDCs) with the highest inpatient revenue first (on the left) to the

Given the data below, make a Pareto chart reporting the major diagnostic categories (MDCs) with the highest inpatient revenue first (on the left) to the lowest revenue last (on the right).

2. What percent of revenue is generated by the top 20% of MDCs? Note: 20% of 7 (the number of MDCs in the list) is 1.4. So, you would include the top 2 MDCs. Explain how this STEP by STEP on Excel!

MDC Revenue
Blood and blood forming organs 1,668,475
Injury and poisoning 1,803,197
Musculoskeletal system 14,137,767
Infectious and parasitic 3,458,147
Perinatal conditions 3,923,030
Mental 9.369,685
Digestive System 15,841,269

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!