Suppose You Read the Following Headline: "Taking an Aspirin a Day

question 23

Multiple Choice

Suppose you read the following headline: "Taking an aspirin a day can cut your risk of heart attack by almost half!" Suppose the news report goes on to tell you that the research is based on a very large well-designed randomized experiment with a p-value less than 0.0001.Assume this information is technically correct, given the results of the study.Which of the following statistics could actually represent the results of this study?

• A)The rates of heart attack were 9.4 per thousand for the aspirin group and 17.1 per thousand for the placebo group (non aspirin).
• B)94 people in the aspirin group had a heart attack, compared to 171 people in the non-aspirin group.
• C)The risk of a heart attack for the aspirin group was 45% of the risk of a heart attack for the non-aspirin group.
• D)Any of the above could have been possible.

Analyze and apply legal principles governing documents of title and their role in the bailment process.

Recognize the legal outcomes from key cases that have helped shape property and bailment law.

Grasp the importance of due diligence and the impact of negligence in the context of property law.

Understand the concept and legal implications of bailment, including the responsibilities of borrowers regarding care and return of borrowed property.

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Definitions:

Two-sided Test

A hypothesis test that allows for the exploration of relationships in both directions, testing for the possibility of an effect in either direction.

P-value

The likelihood of test results being as significantly extreme or more so than what was observed, on the pretext that the null hypothesis is correct.

Two-sided Test

A statistical hypothesis test which determines if there is a significant difference in either direction between the groups or variables being studied.

One-sided Test

A hypothesis test in which the alternative hypothesis specifies a direction of the statistical significance, either greater than or less than a certain value.