What measures will you use to mitigate statistical error


Homework

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 in your presentation:

i. What is your data collection plan?
ii. What measures will you use to mitigate statistical error?
iii. decrease uncertainty
iv. increase power
v. conduct a representative sample
vi. increase robustness
vii. acceptable?reliability and validity
viii. reduce error
ix. no violation of assumptions for statistical tests
x. What is your rationale for each part of your plan? How will your choices better aid leadership in making their decision?

Format your homework according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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