What Is the Probability of the Drug Getting to a Market

question 10

Multiple Choice

What is the probability of the drug getting to a market of medium potential?

• A)0.054
• B)0.120
• C)0.018
• D)0.700

---

Definitions:

Midrange

The statistical measure that calculates the average of the maximum and minimum values in a data set, giving a rough estimate of the data's central tendency.

Standard Deviation

An evaluation metric for the amount of variation or distribution in a set of numerical values.

Variance

A measure of the dispersion of a set of values, calculated as the average of the squared deviations from the mean.

Observations

The instances or data points collected or recorded for the purpose of analysis.