A Pharmaceutical Company Has Determined That If a New Cholesterol-Reducing

question 56

Multiple Choice

A pharmaceutical company has determined that if a new cholesterol-reducing drug is manufactured (introduced to the market) ,the following probability distribution will describe this drug's contribution to the company's profits during the next six months. The company management has decided to market this product if the expected contribution to profit for the next six months is more than $90,000.Based on the information given above,should the company begin manufacturing the new drug?

• A)Yes,begin manufacturing
• B)No,don't begin manufacturing

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Definitions:

Garrett Hardin

An American ecologist who famously discussed the "Tragedy of the Commons," highlighting the conflict between individual interests and common good in resource usage.

Sustainable Development

The practice of meeting current societal needs without compromising the ability of future generations to meet their own, integrating economic, environmental, and social considerations.

Mortality

The state of being subject to death; often used to describe the rate of death within a population.

The Lancet

A prestigious international peer-reviewed medical journal known for publishing significant medical research findings.