Instructions Read the scenario below, and answer the next 2…

Instructions Read the scenario below, and answer the next 2 questions that follow based on this scenario.  Scenario A pharmaceutical company is testing a new drug that is expected to reduce cholesterol levels in patients by an average of 15%. The company conducts a clinical trial with 200 patients over a six-month period. According to the results, the average reduction in cholesterol levels for these patients is 14%, with a standard deviation of 3%. A simulation model predicts that 90% of patients should experience a cholesterol reduction between 12% and 18%. The company wants to evaluate whether the trial results are consistent with the model’s prediction.