The Manufacturer of an Over-The-Counter Heartburn Relief Mediation Claims That

question 20

Short Answer

The manufacturer of an over-the-counter heartburn relief mediation claims that its product brings relief in less than 3.5 minutes,on average.To be able to make this claim,the manufacturer was required by the FDA to present statistical evidence in support of the claim.The manufacturer reported that for a sample of 50 heartburn sufferers,the mean time to relief was 3.3 minutes and the population standard deviation was 1.1 minutes.Calculate the appropriate test statistic to test the hypotheses.

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Definitions:

Communications Gap

A situation where there is a difference or conflict between the message sent and the message received, often leading to misunderstanding.

Knowledge Gap

The difference between what is known and what needs to be known to effectively understand or perform an activity.

Pricing Strategies

Various approaches businesses use to set prices for their products or services to maximize profitability and meet market demand.

Perishable

Describes products or services that have a limited life span or expiry date, after which they are no longer usable or valuable.