Are Your Vendor’s Claims Valid? (Part 2) by Al Lewis

The first installment covered regression to the mean. This installment features the fallacy of using non-participants as a control for participants.  This “control” fallacy led the Food and Drug Administration to reject this methodology more than half a century ago.  And, as we’ll see through examples below, correctly so. The news of the fallacy and […]

The post Are Your Vendor’s Claims Valid? (Part 2) appeared first on Insurance Thought Leadership.

Read More>>

Share on linkedin
Share on facebook
Share on twitter
Share on email
Share on print