A manufacturer of a new medication on the market for Parkinson's disease makes a claim that the medication is effective in 75% of people who have the disease. One hundred fifty individuals with Parkinson's disease are given the medication, and 100 of them note the medication was effective. Does this finding provide statistical evidence at the 0.05 level that the effectiveness is less than the 75% claim the company made? Make sure to include parameter, conditions, calculations, and a conclusion in your answer.
A manufacturer of a new medication on the market for Parkinson's disease makes a claim that the medication is effective in 75% of people who have the disease. One hundred fifty individuals with Parkinson's disease are given the medication, and 100 of them note the medication was effective. Does this finding provide statistical evidence at the 0.05 level that the effectiveness is less than the 75% claim the company made? Make sure to include parameter, conditions, calculations, and a conclusion in your answer.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:A manufacturer of a new medication on the market for Parkinson's disease makes a claim that the medication is effective in 75% of people who have the disease. One hundred fifty individuals with Parkinson's disease are given the
medication, and 100 of them note the medication was effective. Does this finding provide statistical evidence at the 0.05 level that the effectiveness is less than the 75% claim the company made? Make sure to include parameter,
conditions, calculations, and a conclusion in your answer.
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