1 Errors & Significance
A team of researchers has developed a new weight loss supplement. They want to know if patients who use the new supplement for four weeks lose any weight. The supplement has some minor side effects including mild headaches and achiness. If the researchers obtain evidence of weight loss they will proceed to produce the supplement commercially and sell it for a large profit. If they do not obtain evidence of weight loss, the project will be ended.
Assume that the research team completes this study with a sample size of 500 and finds a mean weight loss of 0.475 pound with a standard deviation of 3.978 pounds. Their p-value is 0.0039
Ans:
a)
Let be the mean weight loss computed as beginning weight minus final weight.
b)alpha=0.05 (use alpha which is neither too small nor too large)
a)p-value=0.0039
As,p-value<0.05,we reject the null hypothesis.
There is sufficient evidence to conclude that there is significant weight loss by using new supplement.
b)Results may not be practically significant,as sample taken in above case is very large,so p-value is small and results are significant,But if small is taken,test statistic will be small and p-value will be large and result may be not have significance.
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