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An over-the-counter drug manufacturer wants to examine the effectiveness of a new drug in curing an illness most commonly found in older patients. Thirteen patients are given the new drug and 13 patients are given the old drug. To avoid bias in the experiment, they are not told which drug is given to them. To check how the effectiveness depends on the age of patients, the following data have been collected.
The variables are Effectiveness = the response variable measured on a scale from 0 to 100,
Age = the age of a patient (in years) ,
Drug = a dummy variable that is 1 for the new drug and 0 for the old drug.
The regression model, Effectiveness = β0 + β1Age + β2Drug + β3Age × Drug, is estimated and the following results are obtained.
Which of the following is the percentage of variation in Effectiveness explained by the model?
Majority
The larger part or more than half of a total group, often referring to the group in power or with the most members in a demographic or decision-making context.
Minority
A subgroup within a population that is fewer in numbers than the majority and may be differentiated by characteristics such as race, religion, language, or sexual orientation.
Night Terrors
A sleep disorder causing feelings of terror or dread, usually occurring during non-REM sleep stages, and often accompanied by screaming, thrashing, and a high degree of difficulty in waking the sufferer.
Sleep Spindles
Bursts of brain activity visible on an EEG that occur during stage 2 of sleep, associated with memory consolidation and learning.
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