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| Teaching Since: | May 2017 |
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| Questions Answered: | 20103 |
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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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Suppose that there is a clinical trial in place.
Let X be the number of patients, out of group of size n, who present a successful
recovery under the treatment in question.
Assume patients recover independently of one another.
Suppose also, that the probability that a particular patient recovers is Uniformly
distributed over [0,1] – that is the probability of successful recovery – p.
a.
What is the distribution of X/P=p
b.
Find expected number of number of patients, out of this group, who recover
successfully.
c.
Find variance of number of patients, out of this group, who recover successfully.
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