A pharmaceutical company needs to know if its new cholesterol drug, Praxor, is effective at lowering cholesterol levels. It believes that peopie who take Praxor will average a greater decrease in cholesterol level than people taking a placebo. After the experiment is complete, the researchers find that the 38 participants in the treatment group lowered their cholesterol levels by a mean of 23.2 points with a standard deviation of 4.4 points. The 44 participants in the control group lowered their cholesterol levels by a mean of 21.5 points with a standard deviation of 2.9 points. Assume that the population variances are not equal and test the company's claim at the 0.01 level. Let the treatment group be Population 1 and let the control group be Population 2. Step 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.

MATLAB: An Introduction with Applications
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A pharmaceutical company needs to know if its new cholesterol drug, Praxor, is effective at lowering cholesterol levels. It believes that people who take Praxor will
average a greater decrease in cholesterol level than people taking a placebo. After the experiment is complete, the researchers find that the 38 participants in the
treatment group lowered their cholesterol levels by a mean of 23.2 points with a standard deviation of 4.4 points. The 44 participants in the control group lowered their
cholesterol levels by a mean of 21.5 points with a standard deviation of 2.9 points. Assume that the population variances are not equal and test the company's claim at
the 0.01 level. Let the treatment group be Population 1 and let the control group be Population 2.
Step 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.
Transcribed Image Text:A pharmaceutical company needs to know if its new cholesterol drug, Praxor, is effective at lowering cholesterol levels. It believes that people who take Praxor will average a greater decrease in cholesterol level than people taking a placebo. After the experiment is complete, the researchers find that the 38 participants in the treatment group lowered their cholesterol levels by a mean of 23.2 points with a standard deviation of 4.4 points. The 44 participants in the control group lowered their cholesterol levels by a mean of 21.5 points with a standard deviation of 2.9 points. Assume that the population variances are not equal and test the company's claim at the 0.01 level. Let the treatment group be Population 1 and let the control group be Population 2. Step 2 of 3: Compute the value of the test statistic. Round your answer to three decimal places.
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