832L1 QUANTITATIVE METHODS FOR BUSINESS AND FINANCE

SECTION A
Question 1 is mandatory to answer.
Question 1 [Total: 100 marks]
(a)A statistical study reported that a drug was effective with a p-value of 0.042. Explain in words what this tells you. (b) How would that compare to a drug that had a p-value of 0.087 [20 marks]