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Relief a companys old antacid formula provided relief for

Question: Relief. A company's old antacid formula provided relief for 70% of the people who used it. The company tests a new formula to see if it is better and gets a P-value of 0.27. Is it reasonable to conclude that the new formula and the old one are equally effective? Explain.

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Basic Statistics: Relief a companys old antacid formula provided relief for

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