Answered step by step
Verified Expert Solution
Link Copied!

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

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

Calculus I With Integrated Precalculus

Authors: Laura Taalman

1st Edition

1464153027, 9781464153020

More Books

Students also viewed these Mathematics questions

Question

identify how personality can be measured,

Answered: 1 week ago

Question

Which form of proof do you find least persuasive? Why?

Answered: 1 week ago