Testing a new drug with potentially dangerous side effects to see if it is significantly better than

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Testing a new drug with potentially dangerous side effects to see if it is significantly better than the drug currently in use. If it is found to be more effective, it will be prescribed to millions of people.

Indicate whether it makes more sense to use a relatively large significance level (such as α = 0.10) or a relatively small significance level (such as α = 0.01).

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Statistics Unlocking The Power Of Data

ISBN: 9780470601877

1st Edition

Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock

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