Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. New study data showed Pfizer's experimental Covid-19 pill, Paxloyid, was effective at keeping patients out of the hospital, but less adept at erasing milder

image text in transcribed
image text in transcribed
3. New study data showed Pfizer's experimental Covid-19 pill, Paxloyid, was effective at keeping patients out of the hospital, but less adept at erasing milder symptoms often associated with breakthrough infections. Among the 428 patients who were randomly selected to receive Paxloyid, only 3 were hospitalized, compared to 10 hospitalizations among the 426 patients who were randomly selected to receive the placebo. a. What is the hospitalization rate for a patient who has received the Paxloyid treatment? For a patient who has received the placebo? [4] b. What is the average treatment effect of Paxloyid? [4] c. Construct a 95% confidence interval for the difference in hospitalization rate between the treatment group and the placebo group. (Hint: when two samples are independent to each other, the standard error for a difference between two proportions is given by: P-1 (1 - P1) , P2(1 - P2) SE = n1 n2 where p., and p, are the two proportions, n, and n1, are the size of the two samples, respectively.) [6] d. Is the effect of Paxloyid significant? [6]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management Processes And Supply Chains

Authors: Lee Krajewski, Naresh Malhotra, Larry Ritzman

13th Global Edition

129240986X, 978-1292409863

More Books

Students also viewed these Mathematics questions

Question

How has the EU helped trade in European businesses?

Answered: 1 week ago

Question

1. Background knowledge of the subject and

Answered: 1 week ago