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A pharmaceutical company wants to answer the question whether it takes longer than 45 seconds for a drug in pill form to dissolve in the gastric juices of the stomach.A sample was taken from patients taken the given drug in pill form and times for the pills to be dissolved were measured.State assumptions of the test.
I.The subjects must be part of a medical study group investigating the drug.
II.The subjects in the sample must be randomly selected from a population.
III.The sample data must come from a normally distributed population of observations for
The variable under study.
Economy Booms
A period of rapid economic growth and expansion characterized by high employment, increasing consumer confidence, and elevated business production.
Expected Rate
The anticipated return on an investment, often used to estimate the future value of investments or to guide investment decisions.
Beta
An indicator of how much a stock's price fluctuates compared to the general market, representing its relative risk.
Risk-Free Rate
The expected yield on an investment that is considered completely risk-free, often linked to government securities.
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