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Facing an Extrapolation? Steps for Checking the Statistical Approach
Andrea Merritt, Partner, Athena Compliance Partners. Frank Castronova, Part-Time Faculty, Wayne State University.
April 8, 2019
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Overview of the types of sampling techniques, sampling errors, and biased sampling
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Addressing the calculations behind the extrapolations and determining whether there is a need to question the statistical approach to the calculation to ensure you do not overpay
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Presentation of real life investigations, sampling, and extrapolations. Review take-aways to ensure proper sampling and extrapolation during investigations
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