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Join us for this quarterly update where we discuss the ever changing US healthcare delivery and reimbursement system. We will examine issues impacting providers, patients, payers and health systems. We will report on the migration from fee for service to value based payment mechanisms and progress toward developing population health and coordinated care delivery models.
The advent of online research, in particular, online panels, promised to make very large samples affordable. Alas—while online panels have driven down CPI, small samples are commonplace, especially for B2B and healthcare research. In this webinar we share the results of an experiment we conducted to explore the impact of small samples on our ability to make inferences that guide decision-making. We show what happens to the stability of a discrete choice model as sample size decreases from about 400 to as low as 25, and we show how applying Bayes’ rule can help us make better decisions using data from small samples.