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Use the following to answer questions
Scenario I
Scenario I is based on fabricated data inspired by the following study:
Pande, A. C., Crockatt, J. C., Feltner, D. E., et al. (2003) . Pregabalin in generalized anxiety disorder: a placebo-controlled trial. The American Journal of Psychiatry, 160(3) , 533-540.
Effect of Pregabalin on Anxiety
Pande and colleagues examined whether pregabalin (brand name Lyrica) was as effective as lorazepam (brand name Ativan) in treating anxiety. To that end, they administered either a low dose of pregabalin, a high dose of pregabalin, lorazepam, or placebo to participants for four weeks, then measured the participants' anxiety using the Hamilton Anxiety Rating Scale. The researchers found that not only did the high dose of pregabalin significantly reduce anxiety, but that it also reduced anxiety as well as lorazepam. The results of the study (Figure 1) indicate that pregabalin may be an effective alternative to lorazepam to treat anxiety in adults.
Figure 1. Hypothetical results of Pande et al (2003) showing the impact of each treatment on anxiety level. Anxiety was measured using the Hamilton Anxiety Rating Scale.
-(Scenario I) In the study described in Scenario I, some participants received a placebo pill. Thinking you are receiving a drug when you are not is a classic example of:
Markup
Markup refers to the difference between the selling price of a good or service and its cost, expressed as a percentage over the cost. It is used to cover expenses and generate profit.
Accumulated Depreciation
The total amount of a tangible fixed asset's cost that has been allocated as depreciation expense since the asset was put into use.
Differential Profit
The difference in profit between two business choices, helping in decision-making by highlighting the financial impact of each option.
Lease-End
The conclusion of a lease agreement, at which point the lessee may have options such as renewing the lease, returning the asset, or purchasing it.
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