58. A standard drug is known to be effective in 75 percent of the cases in which...

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58. A standard drug is known to be effective in 75 percent of the cases in which it is used to treat a certain infection. A new drug has been developed and has been found to be effective in 42 cases out of 50. Based on this, would you accept, at the 5 percent level of significance, the hypothesis that the two drugs are of equal effectiveness? What is the p-value?

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