With statistical sampling, counsel can simplify damage analyses, avoid potential issues with incomplete or missing data, and minimize the risk of error. In our prior ...

When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

In a September 28, 2018 Change Request to Medicare’s Program Integrity Manual (“PIM”), the Centers for Medicare & Medicaid Services (“CMS”) updated its instructions to Medicare contractors regarding ...

Systematic sampling is straightforward and low risk, offering better control. However, it may introduce sampling errors and ...

A procedure is suggested to eliminate dependency on the species-area curve, based on the view that the most important fact of plant distribution is the distribution of quantity of material as ...

The nation’s largest association for nursing home and other long-term care operators has publicly expressed its staunch disapproval of a federal prosecution method that takes only small slices of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Several major industry groups have jumped into a case over whether whistle-blowers may use statistical sampling to prove liability in fraud cases, saying allowing such sampling could be “disastrous” ...