Math Problem Statement
A pharmaceutical company needs to know if its new cholesterol drug, Praxor, is effective at lowering cholesterol levels. It believes that people who take Praxor will average a greater decrease in cholesterol level than people taking a placebo. After the experiment is complete, the researchers find that the 32 participants in the treatment group lowered their cholesterol levels by a mean of 20.4 points with a standard deviation of 4.5 points. The 42 participants in the control group lowered their cholesterol levels by a mean of 18.6 points with a standard deviation of 2.3 points. Assume that the population variances are not equal and test the company’s claim at the 0.01 level. Let the treatment group be Population 1 and let the control group be Population 2. Step 2 of 3 : Compute the value of the test statistic. Round your answer to three decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Hypothesis Testing
Two-Sample t-Test
Statistics
Formulas
t = (x̄₁ - x̄₂) / sqrt((s₁² / n₁) + (s₂² / n₂))
Theorems
Welch's t-test
Suitable Grade Level
College Level Statistics
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