A sample of 314 patients between the ages of 38 and &82 were given a combination of the drugs ezetimibe and simvastatin. They achieved a mean reduction in total cholesterol of 0.94 millimoles per liter. Assume the population standard deviation is 0.18 millimoles per liter. a. Find the point estimate for the mean reduction in total cholesterol for patients who take this combination of drugs. b. Find the critical value that corresponds to a 97.5% level of confidence. c. Find the margin of error that corresponds to a 97.5% level of confidence. d. Construct a 97.5% confidence interval for the mean reduction in total cholesterol for patients who take this combination of drugs. e. Based on the confidence interval is it likely that the mean reduction in cholesterol level is less than 0.90?

MATLAB: An Introduction with Applications
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A sample of 314 patients between the ages of 38 and &82 were given a combination of the
drugs ezetimibe and simvastatin. They achieved a mean reduction in total cholesterol of 0.94
millimoles per liter. Assume the population standard deviation is 0.18 millimoles per liter.
a. Find the point estimate for the mean reduction in total cholesterol for patients who
take this combination of drugs.
b. Find the critical value that corresponds to a 97.5% level of confidence.
c. Find the margin of error that corresponds to a 97.5% level of confidence.
d. Construct a 97.5% confidence interval for the mean reduction in total cholesterol for
patients who take this combination of drugs.
e. Based on the confidence interval is it likely that the mean reduction in cholesterol
level is less than 0.90?
Transcribed Image Text:A sample of 314 patients between the ages of 38 and &82 were given a combination of the drugs ezetimibe and simvastatin. They achieved a mean reduction in total cholesterol of 0.94 millimoles per liter. Assume the population standard deviation is 0.18 millimoles per liter. a. Find the point estimate for the mean reduction in total cholesterol for patients who take this combination of drugs. b. Find the critical value that corresponds to a 97.5% level of confidence. c. Find the margin of error that corresponds to a 97.5% level of confidence. d. Construct a 97.5% confidence interval for the mean reduction in total cholesterol for patients who take this combination of drugs. e. Based on the confidence interval is it likely that the mean reduction in cholesterol level is less than 0.90?
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