Sinus Drug a Company Claims That 10% of the Users of Users

question 54

Essay

Sinus Drug
A company claims that 10% of the users of a certain sinus drug experience drowsiness.In clinical studies of this sinus drug,81 of the 900 subjects experienced drowsiness ​ ​
-{Sinus Drug Narrative} Explain how to use this confidence interval to test the hypotheses.

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Definitions:

Standard Cost System

An accounting method that uses cost estimates for labor, materials, and overhead to assign costs to products, facilitating variance analysis between expected and actual costs.

Actual Results

The real financial or operational outputs of a business, as opposed to projections or estimates.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (or standard) variable overhead allocated, based on activity level.

Lubricants

Substances applied to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move.