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Solution for QID #61488: 6) The drug Lipitor is meant to reduce total cholesterol and | StudyHelpMe

Subject: Statistics
Status: Verified Solution
6) The drug Lipitor is meant to reduce total cholesterol and LDL cholesterol. Suppose that it is known that 1.9% of patients taking competing drugs complain of flulike symptoms. In clinical trials, 19 outs of 863 patients taking 10mg of Lipitor daily complained of flu like symptoms. Is there evidence to conclude that more than 1.9% of Lipitor users experience flu like symptoms as a side effect at α = 0.05 level of significance? Use the Minitab printout below and show all steps test and CI for one proportion side effects method: p side effect proportion Descriptive statistics Null hypothesis Ho:p=0.019 Alternative: Ho: p> 0.019 95% lower bound N event sample p for p Hypothesis 863 19 0.022016 0.013800 z-value 0.65 p-value 0.258  
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