Many drugs used to treat cancer are expensive. Business week reported on the cost per treatment of Herceptin, a drug used to treat breast cancer (Business week, January 30, 2006). Typical treatment costs (in dollars) for Herceptin are provided ny a simple random sample of 10 patients. 4376 5578 2717 4920 4495 4798 6446 4119 4237 3814 A. Develop a point estimate of the mean cost per treatment with Herceptin B. Develop a point estimate of the standard deviation of the cost per treatment with Herceptin.
Many drugs used to treat cancer are expensive. Business week reported on the cost per treatment of Herceptin, a drug used to treat breast cancer (Business week, January 30, 2006). Typical treatment costs (in dollars) for Herceptin are provided ny a simple random sample of 10 patients.
4376 5578 2717 4920 4495
4798 6446 4119 4237 3814
A. Develop a point estimate of the mean cost per treatment with Herceptin
B. Develop a point estimate of the standard deviation of the cost per treatment with Herceptin.
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