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Estimating procedure times for surgeries by determining location parameters for the lognormal model

William E Spangler1, David P Strum, Luis G Vargas

  • 1A.J. Palumbo School of Business Administration, Duquesne University, Pittsburgh, PA, USA.

Summary

This study reveals the optimal order statistic for lognormal distribution estimation, improving model accuracy and goodness-of-fit. Using this statistic enhances surgical time predictions for better operational outcomes.

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