Unformatted text preview: other cancers as well. a. View this as an experiment. Give a representation of the sample space. b. The probability of developing a promising drug is .7. The probability of getting permission for a field trial of a promising drug is .9. The probability of a field trial yielding positive results is .6. The probability of a new drug on the market being adopted for use is .9, and the probability an adopted drug will be used to treat other cancers is .8. Give the probability distribution over the sample space. c. Define event A to be “the drug company ends up with a successful cancer drug on the market.” What basic outcomes belong to A? What is P(A)?...
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 Spring '12
 BENCIVENGA
 Economics, Oncology, Chemotherapy, Field trial, promising drug

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