1) Four drug companies are studying the effect of their new drugs. In its clinical trials, company A used a one tailed test with a significance level of.0%; company B used a one tailed test with a significant level of 0.05; company C used a two tailed test with a significant level of 0.01 and company D used a two tailed test with a significant level of 0.05. Which of the following statement is correct? a) Company A is more likely to reject the null hypothesis (H0) than company B b) Company A is more likely to reject the null hypothesis (HO) than company C c) Company D is more likely to reject the null hypothesis (H0) than company B d) Company D is more likely to reject the null hypothesis (H0) than company C

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1) Four drug companies are studying the effect of their new drugs. In its clinical trials,
company A used a one tailed test with a significance level of.01; company B used a one
tailed test with a significant level of 0.05; company C used a two tailed test with a
significant level of 0.01 and company D used a two tailed test with a significant level of
0.05. Which of the following statement is correct?
a) Company A is more likely to reject the null hypothesis (H0) than company B
b) Company A is more likely to reject the null hypothesis (H0) than company C
c) Company D is more likely to reject the null hypothesis (H0) than company B
d) Company D is more likely to reject the null hypothesis (H0) than company C
2) If all of the four drug companies in the previous question (Q1-(1)) obtained a p-value of
0.03 in their c clinical trails
a) Company A will reject the null hypothesis (HO)
b) Company B will reject the null hypothesis (H0)
c) Company C will reject the alternative hypothesis (H1)
d) Company D will reject the alternative hypothesis (H1)
3) When a researcher fails to reject the null hypothesis (H)
a) The obtained statistical value is larger than the critical value
b) The obtained statistical value is smaller than the critical value
c) P value is larger than the significant level
d) P value is smaller than the significant level
Transcribed Image Text:1) Four drug companies are studying the effect of their new drugs. In its clinical trials, company A used a one tailed test with a significance level of.01; company B used a one tailed test with a significant level of 0.05; company C used a two tailed test with a significant level of 0.01 and company D used a two tailed test with a significant level of 0.05. Which of the following statement is correct? a) Company A is more likely to reject the null hypothesis (H0) than company B b) Company A is more likely to reject the null hypothesis (H0) than company C c) Company D is more likely to reject the null hypothesis (H0) than company B d) Company D is more likely to reject the null hypothesis (H0) than company C 2) If all of the four drug companies in the previous question (Q1-(1)) obtained a p-value of 0.03 in their c clinical trails a) Company A will reject the null hypothesis (HO) b) Company B will reject the null hypothesis (H0) c) Company C will reject the alternative hypothesis (H1) d) Company D will reject the alternative hypothesis (H1) 3) When a researcher fails to reject the null hypothesis (H) a) The obtained statistical value is larger than the critical value b) The obtained statistical value is smaller than the critical value c) P value is larger than the significant level d) P value is smaller than the significant level
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