An over-the-counter drug manufacturer wants to examine the effectiveness of a new drug in curing an illness most commonly found in older patients. Thirteen patients are given the new drug and 13 patients are given the old drug. To avoid bias in the experiment, they are not told which drug is given to them. To check how the effectiveness depends on the age of patients, the following data have been collected. New Drug: Patient Age 19 23 67 Effectiveness 34 15 80 56 45 37 27 47 29 59 51 63 28 59 47 54 26 53 41 77 67 79 22 Old Drug: Patient Age 21 28 33 Effectiveness 57 57 67 33 36 38 43 48 60 54 57 53 70 53 58 63 67 52 88 79 47 52 66 The variables are Effectiveness = the response variable measured on a scale from 0 to 100, Age the age of a patient (in years), Druga dummy variable that is 1 for the new drug and O for the old drug. The regression model, Effectiveness = ẞ0 + B1 Age + ẞ2 Drug + ẞ3Age x Drug, is estimated and the following results are obtained. Coefficients Standard Error t-stat p-value Intercept 46.77 3.1491 14.8519 4.97E-13 Age 0.37 0.0613 6.0359 1.94E-04 Drug Age x Drug -39.38 4.067 -9.6828 1.53E-09 0.60 0.0789 7.6046 8.85E-08 Which of the following is the predicted effectiveness of the old drug for a 67-year-old patient? Multiple Choice 69.02 65.38 21.98 71.56

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
help please answer in text form with proper working and explanation for each and every part and steps with concept and introduction no ai no copy paste remember answer must be in proper format with all working
An over-the-counter drug manufacturer wants to examine the effectiveness of a new drug in curing an illness most commonly found in older patients.
Thirteen patients are given the new drug and 13 patients are given the old drug. To avoid bias in the experiment, they are not told which drug is given to
them. To check how the effectiveness depends on the age of patients, the following data have been collected.
New Drug:
Patient Age 19 23 67
Effectiveness 34 15 80
56
45 37 27 47 29 59 51 63 28
59
47 54 26 53 41 77 67 79 22
Old Drug:
Patient Age 21 28 33
Effectiveness 57 57 67
33
36
38 43 48
60 54 57
53
70
53 58 63 67 52
88 79 47 52 66
The variables are
Effectiveness = the response variable measured on a scale from 0 to 100,
Age the age of a patient (in years),
Druga dummy variable that is 1 for the new drug and O for the old drug.
The regression model, Effectiveness = ẞ0 + B1 Age + ẞ2 Drug + ẞ3Age x Drug, is estimated and the following results are obtained.
Coefficients Standard Error
t-stat
p-value
Intercept
46.77
3.1491
14.8519
4.97E-13
Age
0.37
0.0613
6.0359
1.94E-04
Drug
Age x Drug
-39.38
4.067
-9.6828
1.53E-09
0.60
0.0789
7.6046
8.85E-08
Which of the following is the predicted effectiveness of the old drug for a 67-year-old patient?
Multiple Choice
69.02
65.38
21.98
71.56
Transcribed Image Text:An over-the-counter drug manufacturer wants to examine the effectiveness of a new drug in curing an illness most commonly found in older patients. Thirteen patients are given the new drug and 13 patients are given the old drug. To avoid bias in the experiment, they are not told which drug is given to them. To check how the effectiveness depends on the age of patients, the following data have been collected. New Drug: Patient Age 19 23 67 Effectiveness 34 15 80 56 45 37 27 47 29 59 51 63 28 59 47 54 26 53 41 77 67 79 22 Old Drug: Patient Age 21 28 33 Effectiveness 57 57 67 33 36 38 43 48 60 54 57 53 70 53 58 63 67 52 88 79 47 52 66 The variables are Effectiveness = the response variable measured on a scale from 0 to 100, Age the age of a patient (in years), Druga dummy variable that is 1 for the new drug and O for the old drug. The regression model, Effectiveness = ẞ0 + B1 Age + ẞ2 Drug + ẞ3Age x Drug, is estimated and the following results are obtained. Coefficients Standard Error t-stat p-value Intercept 46.77 3.1491 14.8519 4.97E-13 Age 0.37 0.0613 6.0359 1.94E-04 Drug Age x Drug -39.38 4.067 -9.6828 1.53E-09 0.60 0.0789 7.6046 8.85E-08 Which of the following is the predicted effectiveness of the old drug for a 67-year-old patient? Multiple Choice 69.02 65.38 21.98 71.56
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman