Statistical study of drug with p-value

Assignment Help Basic Statistics

Reference no: EM1396027

A statistical study reported that a drug was effective with a p-value of .042.

(a) Is this true? An effective sample may be found about 42 times in 1000 samples.

(b) Is the drug effective at alpha = 0.05?

Reference no: EM1396027

Questions Cloud

F-statistic and the y intercept : In a regression analysis, three independent variables are used in the equation based on a sample of forty observations. What are the degrees of freedom associated with the F-statistic?

Estimate maximum number of alleles have individual fruit fly : Fruit files have three pairs of autosomes chromosomes with autosomal genes. For an autosomal gene, what is the maximum number of alleles an individual fruit fly can have?

Explain how can managers deal with these problems : Ventures in foreign countries without strong contract law are more risky, because managers may be subjected to bribery attempts once their organizations' assets have been invested in the country. Explain how can managers deal with these problems?

Tools to involve client in discovery phase use by consultant : Write down some tools the consultant may utilize to involve the client in a discovery phase? How would these assist you.

Statistical study of drug with p-value : A statistical study reported that a drug was effective with a p-value of .042. (a) Is this true? An effective sample may be found about 42 times in 1000 samples.

Identifies the benefits it derives as well as the costs : Research a business which is global also identifies the benefits it derives as well as the costs it incurs. Be sure to specify the business identity also your sources

Explanation to multiple regression : Give an example of how you may use multiple regression to answer a question related to the impact of leadership change on employee attitudes scores, teambuilding training and performance outcomes.

Explain how this risk would be offset by a combination : Euro Dollar Bond with equal repayments in the last five years also a floating rate 10 year syndicated Euro-Dollar bank loan combined with an interest rate swap. Suppose a fifteen-year straight-line amortization of the new Georgetown facility.

Regression model-f-test : Genzero Pharmaceuticals developed the following regression model based on time series data from the past 33 quarters, for one of its non-prescription cold remedies:

User Account

All Pages