Question: You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels.

Your study has an alpha of 0.05. Your statistical test determines that the p-value for the relationship between taking one tablet of drug A daily and lowering cholesterol is 0.02. What do you conclude?

Step by Step Solution

★★★★★

3.41 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Reject the null hyp... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Statistics For Nursing A Practical Approach Questions!

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. If your study had an alpha of 0.05 and a...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. If your conclusion was actually a type one...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. If you select an alpha of 0.05 and a power...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. You chose to measure taking one tablet of...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. Write a null hypothesis for your study.

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. You determine after the trial that the...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. What was the most likely cause of this...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. How could you measure your dependent...

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. What is your dependent variable?

You are asked to develop a study for a pharmaceutical company to determine whether taking one tablet of drug A is related to lower total cholesterol levels. How could you measure your dependent...

Explain how you can help your students to gain grammar ability by using it accurately, meaningfully, and appropriately. Refer to grammar form, meaning, and use. Give examples if it is possible.

Conduct tax research to address the following fact pattern: A cash basis individual taxpayer has a freelance business by which he provides bookkeeping services. On December 31, 2020, the client had a...

Why a business should consider when choosing a depreciation method?

Expand Your Knowledge: Logarithmic Transformations, Power Law Model When we take measurements of the same general type, a power law of the form y 5 axb often gives an excellent fi t to the data. A...

Could the approaches to cost allocation that we discussed in this chapter apply to a firm, like a travel agency, that produces only services? Explain your thinking.

What types of human resource issues does a marketing manager face when planning to expand sales operations from a branch office in a new overseas market? Are the problems any different than they...

Discuss the merits of various economic system objectives. Is the objective of the American economic system sensible? Could it achieve more consumer satisfaction if sociologists or public officials...

A bond have a 9.5 percent coupon and pay interest semi-annually. Currently, the bonds are priced at $1,063.15. The company issued this 20-year bond twelve years ago. What is the yield to maturity

Under the Uniform Electronic Transactions Act (UETA) an electronic signature can be used for: (Choose 3 answers.) sales of real estate. wills and testamentary trusts. wholesale purchase of alcoholic...

Which of the following statements is correct? (a) The nominal interest rate increases the purchasing power of an investment (b) Inflation decreases the purchasing power of an investment (c) The real...