What is the herfindahl-hirschman index

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There are five hospitals in a metropolitan area. Last year their numbers of admissions were 618, 1,463, 1,207, 1,983, and 886, respectively. What is the Herfindahl-Hirschman index in this market? (Hints: 1) Use the number of admissions as a base for the calculation; and 2) Keep your answer in an integer number, meaning no decimal point.)

Reference no: EM133240847

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