This statement means that you need to justify the choice of your selection. For example, if you choose a specific type of variable i.e., nominal, interval, etc. You need to show proof as to how you can statistically justify why you choose this particular variable. How can you justify the outcome of this type of variable chosen.
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Justify
Disruptive selection, also known as diversifying selection.
As it applies to insurance, the adverse selection problem is the trndency for:
When would random sampling not be the best approach to sample selection
lWhat are the advantages of ranking as a method of final choice over random selection?