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The Challenger Group is a type of management services organization (MSO) that purchases the assets of physician practices, provides practice management and administrative support services to participating providers, and offers physicians a long-term contract and an equity position in Challenger. This information indicates that Challenger is a type of health plan
Measure of Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution of data, such as the mean, median, or mode.
Statistic
A numerical value that summarizes or describes an aspect of a sample.
Parameter
A measurable characteristic that describes an aspect of a population in statistical analysis.
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