A pharmaceutical company wishes to test a new drug with the expectation of lowering cholesterol leve


Question: A pharmaceutical company wishes to test a new drug with the expectation of lowering cholesterol levels. 10 subjects are randomly selected and pretested. The results are listed below. The subjects were places on the drug for a period of 6 months, after which their cholesterol levels were tested again. The results are listed below. Test the company’s claim that the drug lowers cholesterol levels, using alpha = 0.01. Assume that the distribution is normally distributed.

Subject 1 2 3 4 5 6 7 8 9 10
Before 195 225 202 195 175 250 235 268 190 240
After 180 220 210 175 170 250 205 250 190 225
Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document

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