Describe an Issue Associated with Healthcare Data That Impedes the Construction

question 36

Essay

Describe an issue associated with healthcare data that impedes the construction of meaningful databases and inhibits the data mining process. Which strategies would you use to remedy this situation? Thoroughly describe one strategy and its potential outcomes.

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Definitions:

Covered Interest Arbitrage

A strategy involving the conversion of currency into another at current exchange rates, investment in foreign interest-bearing instruments, and the simultaneous hedging of exchange rate risk with a forward contract.

Currency Futures

Standardized contracts to buy or sell a specific currency at a future date and at a predetermined price on the foreign exchange market.

Commodity Futures

Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, like a physical commodity or a financial instrument, at a predetermined future date and price.

Interest Rate Parity

A financial theory which suggests that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.