Question

In: Statistics and Probability

To combat the novel coronavirus (COVID-10) pandemic, the Bloomington Pharmaceutical Co. Ltd. aggressively conducted a clinical...

To combat the novel coronavirus (COVID-10) pandemic, the Bloomington Pharmaceutical Co. Ltd. aggressively conducted a clinical trial with 8 patients for its new drug Remdiessivir. Patient’s health condition was evaluated before and after receiving the medication with a rating system in which 10 points represents complete recovery and 1 for being the worst condition. (a) Use the collected data below to assess the efficacy of the drug by conducting a hypothesis test at 5% significance level.

8 7
9 9
3 6
4 6
2 7
7 5
4 10
8 6

Solutions

Expert Solution

(1) Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

Ho: μD​ = 0

Ha: μD​ ≠ 0

This corresponds to a two-tailed test, for which a t-test for two paired samples be used.

(2) Rejection Region

Based on the information provided, the significance level is α=0.05, and the degrees of freedom are df=7.

Hence, it is found that the critical value for this two-tailed test is tc​=2.365, for \α=0.05 and df=7.

The rejection region for this two-tailed test is R={t:∣t∣>2.365}.

(3) Test Statistics

The t-statistic is computed as shown in the following formula:

(4) Decision about the null hypothesis

Since it is observed that ∣t∣=1.249≤tc​=2.365, it is then concluded that the null hypothesis is not rejected.

Using the P-value approach: The p-value is p=0.2518, and since p=0.2518≥0.05, it is concluded that the null hypothesis is not rejected.

(5) Conclusion: It is concluded that the null hypothesis Ho is not rejected. Therefore, there is not enough evidence to claim that the population mean μ1​ is different than μ2​, at the 0.05 significance level. We don't have sufficient evidence to show that new drug Remdiessivir. has an effect at 0.05 level of significance.


Related Solutions

Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be...
QUESTION 1 Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is...
QUESTION 1 Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine...
Following the outbreak of the Novel Coronavirus (COVID 19), CPCa pharmaceutical company is considering introducing a...
Following the outbreak of the Novel Coronavirus (COVID 19), CPCa pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be manufactured in...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing...
Following the outbreak of the Novel Coronavirus (COVID 19), CPC a pharmaceutical company is considering introducing a new vaccine unto the market to help fight the virus. This will require the injection of huge capital to the tune of GH¢40,000,000 for the purchase of the equipment for production. It will cost CPC an additional GH¢ 5,500,000 to set up the production facility and install that equipment for production. Mr. Smart, the CEO of CPC believes that the vaccine could be...
QUESTION 5 As the novel coronavirus (COVID-19) pandemic continues to spread and large parts of the...
QUESTION 5 As the novel coronavirus (COVID-19) pandemic continues to spread and large parts of the world are under lockdown, livestock producers are working hard to maintain production in the face of many uncertainties. (A) Discuss five (05) ways in which COVID-19 is impacting the livestock industry in the world. (5 Marks) (B) Discuss five (05) ways in which African Swine Fever outbreaks are similar to Covid-19 infections (5 Marks) (C) Define Biosecurity? List eight (08) biosecurity measures you would...
During the novel coronavirus (COVID-19) pandemic, people of all incomes from poor to rich are stocking...
During the novel coronavirus (COVID-19) pandemic, people of all incomes from poor to rich are stocking up on different types of product they regard as necessary. Suppliers cannot increase their output quickly enough. Singapore government is concerned about profiteering and affordability in the markets concerned and is considering intervening. Using the demandsupply model, explain these phenomena in one or two markets of your choice. Advise which market interventions, if any, government should conduct in these markets.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT