Question: Can you please help me solve the problem below. Suppose the Acme Drug Company develops a new drug, designed to prevent colds. The company states
Can you please help me solve the problem below.
Suppose the Acme Drug Company develops a new drug, designed to prevent colds. The company states that the drug is equally effective for men and women. To test this claim, they choose a simple random sample of 100 women and 200 men.At the end of the study, 38 of the women caught a cold and 102 of the men caught a cold. Based on these findings, can we reject the company's claim that the drug is equally effective for men and women? Use a 0.05 level of significance.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
