A drug company spernds millions creating a newcholesterol-lowering drug, but when the results of clinical testing come in they show that the drug had no effect. In fact, the drug does reduce cholesterol. What type of error was made by the drug company in their tests? What does this mean for the consumer? The consumer get a chance to use this medication, even though it have been effective.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A drug company spernds millions creating a newcholesterol-lowering drug, but when the results of clinical testing come in they show
that the drug had no effect. In fact, the drug does reduce cholesterol. What type of error was made by the drug company in their tests?
What does this mean for the consumer?
The consumer
get a chance to use this medication, even though it
have been effective.
Transcribed Image Text:A drug company spernds millions creating a newcholesterol-lowering drug, but when the results of clinical testing come in they show that the drug had no effect. In fact, the drug does reduce cholesterol. What type of error was made by the drug company in their tests? What does this mean for the consumer? The consumer get a chance to use this medication, even though it have been effective.
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