Absorption Rates into the Body Are Important Considerations When Manufacturing

question 44

Multiple Choice

Absorption rates into the body are important considerations when manufacturing a generic version of a brand-name drug. A pharmacist read that the absorption rate into the body of a new generic drug (G) is the same as its brand-name counterpart (B) . She has a researcher friend of hers run a small experiment to test H₀: µG - µB = 0 against the alternative HA: µG - µB ×0. Which of the following would be a Type I error?

• A) Deciding that the absorption rates are the same, when in fact they are not.
• B) Deciding that the absorption rates are different, when in fact they are not.
• C) Deciding that the absorption rates are the same, when in fact they are.
• D) The researcher cannot make a Type I error, since he has run an experiment.
• E) Deciding that the absorption rates are different, when in fact they are.

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Definitions:

Net Cash

The amount of cash a company has after all its cash inflows and outflows have been accounted for, often used in the context of operating, investing, and financing activities.

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The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.