Suppose you work for a pharmaceutical company that is testing a new drug to treat ulcerative...

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Suppose you work for a pharmaceutical company that is testing anew drug to treat ulcerative colitis. You conduct a random sampleof 31 patients on the new drug and 10 of them indicated a decreasein symptoms since starting the drug regimen. You construct a 95%confidence interval for this proportion to be ( 0.158 , 0.4871 ).What is the correct interpretation of this confidence interval?
Question 9 options:
1)
We are 95% confident that the proportion of all patients on thedrug regimen that have experienced a reduction in symptoms isbetween 0.158 and 0.4871.
2)
We are 95% confident that the proportion of patients surveyedthat have experienced a reduction in symptoms is between 0.158 and0.4871.
3)
We are certain that 95% of patients will be between 0.158 and0.4871.
4)
We cannot determine the proper interpretation of thisinterval.
5)
We are 95% confident that the proportion of patients who shouldbe on this drug is between 0.158 and 0.4871.

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TRADITIONAL METHOD given that possible chances x10 sample sizen31 success rate p xn 03226 I sample proportion 03226 standard error Sqrt 0322606774 31 0084 II margin of error Z a2 standard error where Za2 See Answer

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