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Most patients who undergo surgery make routine recoveries and are discharged as planned,but some patients experience complications and their discharge is delayed.A small city has a large hospital and a small hospital,each performing major and minor surgeries.Data is collected at each hospital to see how many surgical patients have their discharges delayed by postsurgical complications.The results are shown in the following table.
Overall,for what percent of surgical patients was discharge delayed?
Utility Score
A numerical assessment that quantifies the satisfaction or utility an individual receives from making certain choices or consuming various goods and services.
Rate of Return
The increase or decrease in value of an investment over a set period, depicted as a percentage of the investment's starting cost.
Variance
A statistical measure that represents the dispersion of a set of data points or investment returns around their mean, indicating their spread or risk.
Indifference Curve
An indifference curve represents a graphical depiction of different bundles of goods between which a consumer is indifferent, reflecting their preferences for those goods' combinations.
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