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Decision of Uncertainity Paper

Decision of Uncertainity Paper

Order type: Research Paper
Resource: Week Four Student Roadmap

Identify a health care organization that must make a decision.

Identify what decision must be made and whether or not to pursue a course of action given the likelihood of different outcomes.

Locate data and apply probability concepts, such as confidence intervals, point estimates, or Poisson distribution, to recommend a decision.

Refer to the Student Roadmap for an example.

Write a paper :

Include appropriate probability concepts and application of them to find resulting data to limit the uncertainty in this decision.

Include a rationale for the chosen concept.

Identify each discrete outcome from a statistical analysis, providing rationale for each.

Identify tradeoffs between accuracy and precision required by various probability concepts and the effect on data.

Include the decision recommend based on statistical data.

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