The mean length of stay of the people released (or of the cases
disposed) leaves out everyone still inside. Their elapsed time is a
lower bound on their stay, so the mean over everyone admitted is at
least lower, the mean of the completed stays and the elapsed times
together; the released-only mean falls short of it by
m / (n + m) times the excess of the mean elapsed time over the
released mean, and understates the truth for certain when that excess is
positive. No upper bound exists without a cap on how long the current
stays will last. See proof("losbnd").
Value
A named numeric vector: mean (of the completed stays), age
(the mean elapsed time of the open ones), lower (the lower bound on
the mean over all) and bias (lower - mean, the least by which the
completed mean understates when it is positive).
References
Manski, C. F. (2003). Partial Identification of Probability Distributions. Springer. doi:10.1007/b97478