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Thread: A statistic question.

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    A statistic question.




    Provider Charge(Total) Fraud %Fraud Fraud*%Fraud
    A 10006000.6360
    B 100700.749
    C 1080.86.4
    D 111.01

    Please ignore "" above.

    Which provider should be given alert?
    I am creating a model and setting up a threshold as above. Which provider should be given alert? If %Fraud is used, then provider D should be given alert. Obviously, it is unreasonable. Then, I want to use Fraud*%Fraud, the results are pretty reasonable.
    Question: 1)Are there any statistic theory about Fraud*%Fraud? If so, what is the theory?
    2)If Fraud*%Fraud is unreasonable. Are there any better suggestion?
    Thanks in advance.
    Last edited by SASMATH; 07-19-2016 at 09:24 PM.

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