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Interim Report: No Proof Insurers Labeled Katrina Wind Claims as Flood

National News • August 16, 2007
A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal ...

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Subject: RE: Sample was representative - maybe not

Posted On: August 16, 2007, 1:30 pm CDT
Posted By: Statistics Dude
Comment:
A 'snapshot' is not a statistically valid sample size. How many claims were there in total? Statistically, they needed to look at least 15% of the claims from MS to TX. If there were 750 flood claims in total, that would be OK. I think the sample size was possibly/probably too small.
Subject Posted By Posted On
It Happened - but you can't prove it - here's why.... New Orleans agent
Aug 16, 2007, 3:24 pm
RE: RE: RE: Sample was representative - maybe not Ratemaker
Aug 16, 2007, 2:13 pm
RE: RE: Sample was representative - maybe not Not a Stats Dude
Aug 16, 2007, 1:47 pm
RE: Sample was representative - maybe not Statistics Dude
Aug 16, 2007, 1:30 pm
Sample was representative Flood Guy
Aug 16, 2007, 1:01 pm
What was the sample size? Anon
Aug 16, 2007, 9:38 am
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