Cure rate for the new drug is higher than the placebo

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A pharmaceutical company wants to know if a new drug has a cure rate that is greater than the 30% cure rate reported by the placebo. In a random sample of 500 participants using the drug, 205 (or 41%), reported that they were cured by the drug. Is this evidence that the cure rate for the new drug is higher than the placebo?

Reference no: EM132399785

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