For a drug to be approved by the fda the drug must be shown


For a drug to be approved by the FDA, the drug must be shown to be safe and effective. If the drug is significantly more effective than a placebo, then the drug is deemed effective. What do you know about the effectiveness of a drug once it has been approved by the FDA (assuming that there has not been a Type I error)?

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Basic Statistics: For a drug to be approved by the fda the drug must be shown
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