Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose the Acme Drug Company develops a new drug, designed to prevent colds. The company wants to assess the new drug's effectiveness for men and

Suppose the Acme Drug Company develops a new drug, designed to prevent colds. The company wants to assess the new drug's effectiveness for men and women. To test this claim, they choose a simple random sample of 100 women and 200 men. At the end of the study, 38 (i.e. 38%) of the women caught a cold; and 102 (i.e. 51%) of the men caught a cold.

1) From the initial information we know that the estimated difference in the proportion of men minus women catching a cold is 0.13 (0.13 = 0.51-0.38). What are the lower and upper bounds of the corresponding 95% Confidence Interval for the probability of a man minus a woman catching a cold (rounding to the nearest hundredth)?

2) What is the Odds Ratio of a woman getting a cold to a man getting a cold?

3) What is the Odds Ratio of a man getting a cold to a woman getting a cold?

4) What is the Odds Ratio of a woman not getting a cold to a man not getting a cold?

5) What is the Relative Risk of a man getting a cold to a woman getting a cold?

6) What is the Relative Risk of a woman getting a cold to a man getting a cold?

7) What is the Relative Risk of a woman not getting a cold to a man not getting a cold?

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

Exploring The Hospitality Industry

Authors: John R Walker

4th Edition

0134744934, 9780134744933

More Books

Students also viewed these General Management questions