Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A friend of yours says that a randomized controlled trial shows that a drug lowered total cholesterol by 6.7%, but believes that may just be
A friend of yours says that a randomized controlled trial shows that a drug lowered total cholesterol by 6.7%, but believes that may just be due to random chance and isn't really a lot. Being statistically literate, you read the report of the trial and see that the P-value fora drop in total cholesterol level of that size (6.7%) is 0.02 at a 5% significance level. Is your friend correct in his conclusion? Why or why not? Include the term statistically significant or statistically insignificantin your answer accordingly.
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