Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A pharmaceutical company wants to know if a new drug has a cure rate that is greater than the 30% cure rate reported by the

  1. A pharmaceutical company wants to know if a new drug has a cure rate that is greater than the 30% cure rate reported by the placebo. In a random sample of500 participants using the drug, 205 (or 41%), reported that they were cured by the drug. Is this evidence that the cure rate for the new drug is higher than the placebo?

Select the correct Hypotheses for the test.

Group of answer choices

H0:p=0.30,HA:p>0.30

H0:p=0.41,HA:p>0.41

H0:p=0.30,HA:p>0.41

H0:p=0.41,HA:p>0.30

2. In 2000, National data suggested that 26% of all U.S. businesses were owned by women. In 2009, a consulting firm surveyed a random sample of 700 U.S. businesses and found that 28% of them were owned by women. Is this evidence of an increase in the percentage of businesses that are owned by women in the U.S?

The hypotheses for this test are:

H0:p= 0.26

HA:p> 0.26

Find the P-value for the test and, based on your P-value, what should be your decision forH0

.

Due to the different methods, round your P-value to 2 decimal places.

Group of answer choices

P-value = 0.11 , RejectH0

P-value = 0.04 , RejectH0

P-value = 0.04 , Fail to rejectH0

P-value = 0.11 , Fail to rejectH0

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_2

Step: 3

blur-text-image_3

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

An Introduction to Measure Theoretic Probability

Authors: George G. Roussas

2nd edition

128000422, 978-0128000427

More Books

Students also viewed these Mathematics questions

Question

What is perceptual mapping?

Answered: 1 week ago