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Inferential Statisticshard
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In a clinical trial, the effectiveness of a new drug is assessed by the difference in response rates between two groups, p1p_1p1​ and p2p_2p2​. If the observed difference is Δ^=0.15\hat{\Delta} = 0.15Δ^=0.15 with a standard error SE=0.04SE = 0.04SE=0.04, and we test H0:Δ=0H_0: \Delta = 0H0​:Δ=0 against Ha:Δ≠0H_a: \Delta \neq 0Ha​:Δ=0 at α=0.01\alpha = 0.01α=0.01, what can we conclude about the precision of this interval estimate?