The FDA (US Food and Drug Administration) is responsible for approving all new drugs sold in the
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The FDA (US Food and Drug Administration) is responsible for approving all new drugs sold in the US. In order to approve a new drug for use as an antidepressant, the FDA requires two results from randomized double-blind experiments showing the drug is more effective than a placebo at a 5% level. The FDA does not put a limit on the number of times a drug company can try such experiments. Explain, using the problem of multiple tests, why the FDA might want to rethink its guidelines.
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Statistics Unlocking The Power Of Data
ISBN: 9780470601877
1st Edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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