Question

53 The drug company claims that only 6% of all patients experience severe side effects when using the new medication. An independent researcher reported that 10% of patients in his study of 300 patients using the new medication experienced severe side effects.
a) Does the drug company consider 6% to be a parameter or a statistic?
b) Is 10% a parameter or a statistic?
c) What inference might be drawn from these data?

Answer

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