Question
A start-up pharmaceutical company has developed a drug that has just been approved by the FDA for cancer treatment.The company decides that it will do
A start-up pharmaceutical company has developed a drug that has just been approved by the FDA for cancer treatment.The company decides that it will do house quality control and quantitative analysis.On the first day of manufacturing, the pharmaceutical company produces 1,000 pills.All of the 1,000 pills are crushed up, and individually analyzed for active ingredient quantity.It has determined that the average amount of active ingredient in these pills is 103.5 mg and a standard deviation of 3.2 mg.The average and standard deviation values are:[1]
a)Both statistical parameters of a sample.
b)Both statistical parameters of a population
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