Ask Question
BusinessBusiness
11 January, 21:50

The advertising for a cold remedy claimed that no other cold remedy acted faster. In an experiment to compare that remedy with another one, it did act faster on average, but the result wasn't significant. What does this mean?

+2
Answers (1)
  1. 12 January, 00:16
    0
    The correct answer is: The difference was so small that it could have happened by chance even if the remedies were equivalent.

    Explanation:

    The cold medicine being advertised as having faster effects on average than its competitors is actually being overpraised according to the experiment carried out. The outcome was just a small difference compared to another cold medicine so it is highly possible if the experiment was carried out with two samples of the same medicine the outcome would have been the same.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The advertising for a cold remedy claimed that no other cold remedy acted faster. In an experiment to compare that remedy with another one, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Estate taxes are taxes on a person's estate when that person dies.
Answers (2)
For the tax year, OSH partnership reported a $74,000 ordinary loss and a $28,000 increase in recourse liabilities for which the partners are liable. Ashley, a 50% partner, had an adjusted basis of $15,000 at the beginning of the year.
Answers (1)
According to peter drucker, what are managers who do the right things addressing? effectiveness efficiency all of these are correct. none of these are correct.
Answers (1)
World-class businesses use which of these systems to integrate all of a company's worldwide functions, departments, anddata into a single system? a. Cost standardsb. Enterprise resource planningc Just-in-time managementd.
Answers (1)
Describe at least two factors of an investment that you would want to consider before putting money into that specific investment
Answers (1)
New Questions in Business
Which tab in the Group Policy Results window shows all events in Event Viewer that are generated by group policies, and can be used to view the relevant information on a remote computer?
Answers (1)
The Backwoods American company operates a telephone order system for a catalogue of its outdoor clothing prod- ucts. The catalogue orders are processed in three stages.
Answers (1)
Using notes outside of given key to produce heightened color is referred to as A. Orchestration B. Chromatisicm C. pallete work D. Tonality
Answers (2)
Which of the following are not excludable as an employee fringe benefit? a. Public transportation costs of $130 per month provided by the employer b. Employee deductions of $4,200 for dependent childcare expenses c.
Answers (2)
What was ireland's greatest export during the 1840s?
Answers (2)
Home » Business » The advertising for a cold remedy claimed that no other cold remedy acted faster. In an experiment to compare that remedy with another one, it did act faster on average, but the result wasn't significant. What does this mean?
Sign Up Forgot Password?