Use the Following Sample Sizes and Numbers of Successes for the Next

question 30

Short Answer

Use the following sample sizes and numbers of successes for the next questions.
Medical researchers studying two therapies for treating patients infected with
Hepatitis C found the following data. Assume a .05 significance level for testing the claim that the proportions are not equal. Also, assume the two simple random samples are independent and that the conditions are satisfied.

-Find the odds ratio of the odds for having Hepatitis C after Therapy 1 to the odds for having Hepatitis C after Therapy 2.

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Definitions:

Quantity

The amount or number of a material or immaterial good or service.

iPads

A brand of tablet computers designed and marketed by Apple Inc., known for their touch screen interface and mobile operating system.

Supply Analysis

The examination of factors that influence the quantity of a product or service that the market can offer at various prices.

Equilibrium Price

The cost point where the amount of a product sought by buyers matches the amount made available by sellers, leading to a state of equilibrium in the market.