TABLE 9-4 A Drug Company Is Considering Marketing a New Local Anesthetic

question 33

True/False

TABLE 9-4
A drug company is considering marketing a new local anesthetic. The effective time of the anesthetic the drug company is currently producing has a normal distribution with an mean of 7.4 minutes with a standard deviation of 1.2 minutes. The chemistry of the new anesthetic is such that the effective time should be normally distributed with the same standard deviation, but the mean effective time may be lower. If it is lower, the drug company will market the new anesthetic; otherwise, they will continue to produce the older one. A sample of size 36 results in a sample mean of 7.1. A hypothesis test will be done to help make the decision.
-Referring to Table 9-4, the null hypothesis will be rejected with a level of significance of 0.10.

---

Definitions:

Buyers

Individuals or organizations that purchase goods or services for personal use or for the purpose of resale.

Formal Authority

The power given to an individual or group based on their position within an organization's hierarchy.

Buying Center

A collection of people within a company who take part in the process of deciding to buy goods or services.

User

An individual or entity that utilizes a product, service, or system for their intended purpose or benefit.