Difference between the mean potency – t - test, Basic Statistics

Assignment Help:

A researcher working for a drug company is interested in investigating the effect of storage on the potency of one of the company's drugs. 10 freshly produced bottles of the drug are randomly selected and the potency measured. Another 10 freshly produced bottles of the drug are randomly chosen and stored under controlled conditions for 6 months before the potency was measured. Summary statistics are displayed below:

1402_Difference between the Mean Potency – T - Test.png

(a) Carry out a t-test to investigate if there is a difference between the underlying mean potency for freshly produced drugs and that of drugs stored for 6 months. Notes:

(i) Refer to the instructions on page 1 of this assignment: "Hypothesis tests in this assignment".

(ii) Follow the step-by-step guide to performing a t-test

(iii) Once you have calculated your test statistic, it is necessary to use either a graphics calculator, SPSS, Excel or t-tables to determine the P-value.

(b) Does your confidence interval from part (a) contain the true difference? Briefly explain.


Related Discussions:- Difference between the mean potency – t - test

HYPOTHESIS, HOW TO FIND NULL HYPOTHESIS

HOW TO FIND NULL HYPOTHESIS

10-k report information, Where are Cash Equivalents and Marketable Securiti...

Where are Cash Equivalents and Marketable Securities noted on a 10-K report? What needs to be included as a minimum disclosure?

Sampling, Advantages of sampling over population

Advantages of sampling over population

Statistics competency scores, A professor is interested in whether there is...

A professor is interested in whether there is a gap in counseling students' statistics competency scores between 1) those who have never taken any statistics course, 2) those who h

Differences between a cash book and bank passbook, State the main reason be...

State the main reason because of which the differences between a Cash Book and Bank Passbook. Ans. The difference can be stated as follows a) Sometime cheque issued to party on t

Time series, what are the uses of time series

what are the uses of time series

Limitation of the accounting, Limitation of the Accounting. It informati...

Limitation of the Accounting. It information only accounting purchase, it is restricted to the accounting purchase only, and for example other elements which are not having any

Optics, A thief is running away in his car with a velocity of 20m/s.A polic...

A thief is running away in his car with a velocity of 20m/s.A police jeep is following him which is sighted by the thief in his rearview mirror, a convex mirror of focal length 10m

Marketing research field surveys, In marketing research field surveys ar...

In marketing research field surveys are commonly used to collect primary data from the respondents. 1. Through Personal Interviews: The investigator follows a rigid proced

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd