(Solution) - A pharmaceutical firm studying the selection of name brand versus -(2025 Original AI-Free Solution)
Paper Details
A pharmaceutical firm, studying the selection of ?name brand? versus ?generic equivalent? on prescription forms, has been given a sample of 150 recent prescriptions submitted to a local pharmacy. Of the 44 under-40 patients in the sample, 16 submitted a prescription form with the ?generic equivalent? box checked. Of the 52 patients in the 40?60 age group, 28 submitted a prescription form specifying ?generic equivalent,? and for the 54 patients in the 61-or-over age group, 32 submitted a prescription form specifying ?generic equivalent.? At the 0.025 level, is age group independent of name-brand/generic specification? Based on the chi-square table, what is the most accurate statement that can be made about the p-value for the test?