Statistical parameters
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A lab wants to test out a new drug called EYE-C for improving eyesight. They randomly sampled 100 subjects with poor eyesight and split them into two even groups. Each subject in Group 1 took the drug and each subject in Group 2 took a placebo. The subjects do not know which one they took; neither do the lab technicians. Results: 40 subjects in Group 1 reported improved eyesight, while 30 subjects in Group 2 reported improved eyesight.
The population is:
The statistics are:
The parameters are: