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In: Statistics and Probability

1. Explain the concept of “real time analytics,” its benefits, and the cautions that must be...

1. Explain the concept of “real time analytics,” its benefits, and the cautions that must be taken to avoid false positive alerts.

2. Identify the various data analytics techniques, and discuss the ways they are used in healthcare.

3. Explain how inferential statistics differ from descriptive statistics, why inferential statistical methods are such a significant component of data analytics work, and identify common inferential statistical methods.

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