Question
You are a key decision maker in a prominent pharmaceutical company that has a vested interest in the high cholesterol marketplace. The organization has been
You are a key decision maker in a prominent pharmaceutical company that has a vested interest in the high cholesterol marketplace. The organization has been working on a drug that may show promise in this marketplace. As you are already aware, cholesterol levels higher than 200 mg/dL are considered high. In the study data, thirty high cholesterol patients were given the drug and their cholesterol values were measured at day 0 prior to drug consumption, day 4, day 14 and day 25. The study patients adhered to all study guidelines and no adverse behavior or diet was recorded. Analyze the data in the excel file included below (there are 2 spreadsheets depicting the study) using all the statistical tools you've learned in the class to illustrate the study findings concerning the new cholesterol drug.
With your analysis complete, answer the following questions:
- What conclusions can you draw from this data set concerning cholesterol response?
- Would you recommend funding continued studies for this test drug?
- What statistics support your decision? Be specific about decisions based on the analysis of data.
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