If You Were in Charge of a Research and Development

question 15

Essay

If you were in charge of a research and development (R&D) department for a large pharmaceutical company,would you encourage the employees to perform basic research or applied research? Provide the rationale for your answer.

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Definitions:

Mann-Whitney U

A nonparametric test used to compare differences between two independent samples.

Wilcoxon Rank Test

A non-parametric statistical test used to compare two related samples to determine if their population means ranks differ.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution without violating any constraints.

Obtained Value

The actual measured or computed value from a statistical analysis or experiment.