Many consumer groups feel that the U.S. Food and Drug Administration (FDA) drug approval process is too easy and, as a result, too many drugs are approved that are later found to be unsafe. On the other hand, a number of industry lobbyists have pushed for a more lenient approval process so that pharmaceutical companies can get new drugs approved more easily and quickly. The FDA wants to set up a hypothesis test to show that the new drug is safe before approving it by assuming it to be unsafe. Match the followings concepts to their correct interpretations in the context of the question: Null hypothesis Alternative hypothesis Type I error Type II error A. The new drug is unsafe but the FDA concludes that it is safe and approves it. B. The new drug is unsafe. C. The new drug is safe. D. The new drug is safe but the FDA concludes that it is unsafe and does not pprove it.
Many consumer groups feel that the U.S. Food and Drug Administration (FDA) drug approval process is too easy and, as a result, too many drugs are approved that are later found to be unsafe. On the other hand, a number of industry lobbyists have pushed for a more lenient approval process so that pharmaceutical companies can get new drugs approved more easily and quickly. The FDA wants to set up a hypothesis test to show that the new drug is safe before approving it by assuming it to be unsafe.
Match the followings concepts to their correct interpretations in the context of the question:
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