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For each test below, follow the following steps. (1) state the hypotheses, (2) formulate an analysis...

For each test below, follow the following steps. (1) state the hypotheses, (2) formulate an analysis plan (3) analyze sample data (4) interpret the results You may use the TI-83 to calculate the test statistic and p-value, but be sure you indicate which test you are using.

Test III – Test a New Drug (Part 2) Suppose the Acme Drug Company develops a new drug, designed to prevent colds. The company states that the drug is more effective for women than for men. To test this claim, they choose a simple random sample of 100 women and 200 men from a population of 100,000 volunteers. At the end of the study, 38% of the women caught a cold; and 51% of the men caught a cold. Based on these findings, can we conclude that the drug is more effective for women than for men? Use a 0.01 level of significance.

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