subject
Mathematics, 19.03.2021 16:00 moniquejackson2

Many consumer groups feel that the U. S. Food and Drug Administration (FDA) drug approval process is too easy and, as a result, too many drugs are approved that are later found to be unsafe. On the other hand, a number of industry lobbyists have pushed for a more lenient approval process so that pharmaceutical companies can get new drugs approved more easily and quickly. Consider a null hypothesis that a new, unapproved drug is unsafe and an alternative hypothesis that a new, unapproved drug is safe. a. Explain the risks of committing a Type I or Type II error.
b. Which type of error are the consumer groups trying to avoid? Explain.
c. Which type of error are the industry lobbyists trying to avoid? Explain.
d. How would it be possible to lower the chances of both Type I and Type II errors?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Which expression is not a polynomial?
Answers: 2
question
Mathematics, 21.06.2019 18:30
The monetary value earned for selling goods or services to customers is called a.) revenue b.) assets c.) money d.) accounting
Answers: 2
question
Mathematics, 21.06.2019 19:20
Find the area of an equilateral triangle with a side of 6 inches
Answers: 2
question
Mathematics, 21.06.2019 21:20
Find the least common denominator for thesetvo rational expressions.n^2/n^2+4n+4 -3/n^2+7n+10
Answers: 2
You know the right answer?
Many consumer groups feel that the U. S. Food and Drug Administration (FDA) drug approval process is...
Questions
question
Mathematics, 11.03.2021 21:00
question
Mathematics, 11.03.2021 21:00
question
Mathematics, 11.03.2021 21:00
question
Mathematics, 11.03.2021 21:00
question
Mathematics, 11.03.2021 21:00
question
Mathematics, 11.03.2021 21:00