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You are on a team that is investigating which health insurance provider to contract with to offer insurance to the employees. You are in charge of creating the plan for collecting the data that will be used for a statistical test to help the organization make that decision. You have been asked to present your plan and inform stakeholders about the risks you are trying to avoid so that you are able to have valid and reliable results. Explain the following:
o What is your data collection plan?o What measures will you use to mitigate statistical error?o decrease uncertaintyo increase powero conduct a representative sampleo increase robustnesso acceptable?reliability and validityo reduce erroro no violation of assumptions for statistical testso What is your rationale for each part of your plan? How will your choices better aid leadership in making their decision?
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Analyze from a theoretical and practical perspective the ethical principles in regulatory management of private organizations.
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With the implementation of business analytics, an organization will also need to implement a good information systems plan in order to collect, manage,
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The final issue concerns determining how much more consumers will be willing to pay for each 5 mpg incremental increase in fuel economy Global Motors can offer
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Did the U.S. attorneys and the securities and exchange commission use good judment in in-dicting Martha Stewart? Do you belive that her indictment was based on evidence of a serious crime
Suppose that you collect data for 15 samples of 30 units each, and find that on average, 2.5 percent of the products are defective. What are the UCL and LCL for this process?
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