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TABLE 15-3
A chemist employed by a pharmaceutical firm has developed a muscle relaxant. She took a sample of 14 people suffering from extreme muscle constriction. She gave each a vial containing a dose (X) of the drug and recorded the time to relief (Y) measured in seconds for each. She fit a "centered" curvilinear model to this data. The results obtained by Microsoft Excel follow, where the dose (X) given has been "centered."
-Referring to Table 15-3, suppose the chemist decides to use a t test to determine if there is a significant difference between a linear model and a curvilinear model that includes a linear term. If she used a level of significance of 0.05, she would decide that the linear model is sufficient.
Trial And Error
A problem-solving method involving repeated, varied attempts which are continued until success, or until the agent stops trying.
10-Step Process
A systematic approach or methodology broken down into ten sequential steps to achieve a specific goal or complete a task.
Entrepreneurial Ventures
Initiatives that involve recognizing and exploiting business opportunities, leading to the creation and management of a new business.
Entrepreneurship Method
A set of principles and practices used by entrepreneurs to develop, launch, and manage new businesses.
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