Refer to Exercise 9.48. Calculate a 99% lower one-sided confidence bound for the difference in the risk of dementia for women using hormone replacement therapy versus those who do not. Would this difference be of practical importance to a woman considering HRT? Explain.
Exercise 9.48
A 4-year experiment involving 4532 women, reported in The Press Enterprise, was conducted at 39 medical centers to study the benefits and risks of hormone replacement therapy (HRT). Half of the women took placebos and half took Prempro, a widely prescribed type of hormone replacement therapy. There were 40 cases of dementia in the hormone group and 21 in the placebo group. Is there sufficient evidence to indicate that the risk of dementia is higher for patients using Prempro? Test at the 1% level of significance.