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Find the median (another measure of average) for a random variable with pdf on
The median is the 50% mark on probability, that is, the value
such that
Medicare
A federal health insurance program in the United States providing healthcare coverage to people who are 65 or older, as well as to younger individuals with specific disabilities.
Prescription Drugs
Prescription drugs are medications legally prescribed by a healthcare professional to treat specific medical conditions.
Market Forces
The economic factors affecting the supply and demand of goods and services in a market, determining prices and quantities.
HealthCare Costs
refer to the expenses related to medical and health services, including diagnosis, treatments, and support services.
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