A pharmaceutical company showed the following in an article: "our entire sample of 1500 subjects with...
A pharmaceutical company showed the following in an article:
"our entire sample of 1500 subjects with a cold were treated with
our new medicine. Within three days, 95% were asymptomatic." The
company claims the new medicine was effective.
Is this conclusion justified?
Homework Answers
"our entire sample of 1500 subjects with a cold were treated with our new medicine. Within three days, 95% were asymptomatic" means 1500*0.95=1425 subjects are asymptomatic and 75 subjects are not. Since the sample size is large enough so the company's claim is justified.
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