Answered step by step
Verified Expert Solution
Question
1 Approved Answer
= [12 pts] I work for a pharmaceutical company, and I want to show that our new pill lowers cholesterol. I know that by
= [12 pts] I work for a pharmaceutical company, and I want to show that our new pill lowers cholesterol. I know that by not taking a pill there is a 0 milligram per deciliter (mg/dl) drop in blood cholesterol, with a standard deviation of 13 mg/dl. Assume that cholesterol is normally distributed. In a random sample of 80 men taking the new cholesterol drug, I find a drop in the blood cholesterol of 3 mg/dl (x = -3). I need to find out if this is a statistically significant drop. Test at the 0.05 significance level. a. What type of test are we using? Determine if a test is left-tailed, right-tailed, or two-tailed.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started