Allergy Drug Narrative in Clinical Studies of an Allergy Drug, 81 of the 81

question 8

Essay

Allergy Drug Narrative
In clinical studies of an allergy drug, 81 of the 900 subjects experienced drowsiness. A competitor claims that 10% of the users of this drug experience drowsiness.
-Refer to Allergy Drug Narrative. Is there enough evidence at the 5% significance level to infer that the competitor is correct? Justify your conclusion.

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Macroeconomist

An economist who specializes in macroeconomics, the branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

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An economist focused on the behavior of individuals and firms in making decisions regarding the allocation of scarce resources.

Microeconomist

A specialist in microeconomics, which deals with the economic behavior of individuals, households, and firms, and how decisions are made on the allocation of resources.