Refer to the ACS Medicinal Chemistry Letters (Vol. 1, 2010) study of the metabolic stability of drugs,
Question:
a. Specify the null and alternative hypotheses for this test.
b. Descriptive statistics for the sample ratios are provided in the Minitab printout on page 386. Note that the sample mean, xÌ = .327 is less than 1. Consequently, a pharmacologist wants to reject the null hypothesis. What are the problems with using such a decision rule?
c. Locate values of the test statistic and corresponding p-value on the printout.
d. Select a value of a, the probability of a Type I error. Interpret this value in the words of the problem.
e. Give the appropriate conclusion, based on the results of parts c and d.
f. What conditions must be satisfied for the test results to be valid?
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Related Book For
Statistics For Business And Economics
ISBN: 9780134506593
13th Edition
Authors: James T. McClave, P. George Benson, Terry Sincich
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