Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can anyone help me with these 3 questions by mintab? Thank you. 1. In the early part of this century, the drug company, Merck, produced

image text in transcribedimage text in transcribedimage text in transcribed

Can anyone help me with these 3 questions by mintab? Thank you.

1. In the early part of this century, the drug company, Merck, produced a powerful non steroidal anti-inflammatory drug (NSAID) known as Vioxx. Vioxx was very effective in reducing pain due to arthritis and, unlike some NSAIDs, did not cause digestive system or liver problems. However, a couple of years after Vioxx was introduced to the market, some independent studies showed a possible connection between NSAIDs and increased risk of heart attack in the elderly. Since many arthritis sufferers (and many Vioxx users) are elderly, these studies were a cause of concern. To test whether this was the case for Vioxx, Merck conducted a large-scale study in which 3118 randomly selected elderly Vioxx users were put on the drug while 2870 were given a placebo. The volunteers were monitored for 18 months. During this time, 348 of the Vioxx group members and 276 members of the placebo group suffered heart attacks. a. Compute by hand a 90% confidence interval for the difference in heart attack risk between Vioxx users and non-Vioxx users (the placebo group.) Confirm your interval with Minitab. (Stat->Basic Statistics->2-Proportion: Summarized data; Enter parameters ->Options: Confidence level: 90->OK -> OK) b. Interpret the interval. What action does it suggest should be taken regarding Vioxx?v

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

Auditing And Systems Exam Questions And Explanations

Authors: Irvin N. Gleim

10th Edition

158194246X, 978-1581942460

More Books

Students also viewed these Accounting questions