Suppose that a pharmaceutical company makes the assertion that Drug A has a stronger effect than...

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Suppose that a pharmaceutical company makes the assertion thatDrug A has a stronger effect than Drug B. To test this claim, 1000randomly selected people were given the two drugs during differenttreatment periods. Among them, 600 preferred taking Drug A becauseof the stronger effect they felt; whereas 400 preferred Drug B.Determine whether there is sufficient evidence, at the 5% level ofsignificance, to support the companyâ€™s claim that Drug A isstronger and preferred by more than 50% of patients.
Select one:
a. Reject H₀; Drug A is stronger and preferred byless than 50% of patients.
b. Reject H₀; Drug A is stronger and preferred bymore than 50% of patients.
c. Do not reject H₀; Drug A is stronger and preferredby less than 50% of patients.
d. Do not reject H₀; Drug A is stronger and preferredby more than 50% of patients.

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SolutionClaim a pharmaceutical company makes the assertion that Drug Ahas a stronger effect than Drug B and preferred by more than 50 ofpatientsTo test this claim 1000 randomly selected people were given thetwo drugs during different treatment periods Among them 600preferred See Answer

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