SCENARIO 9-4 a Drug Company Is Considering Marketing a New

question 41

True/False

SCENARIO 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 a 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 Scenario 9-4, the null hypothesis will be rejected with a level of significance of 0.10.

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Definitions:

Prejudice

Preconceived opinion or bias, often negative, towards an individual or group based on their characteristics or identity.

Psychological Security

A state of mind where an individual feels safe from harm, allowing for free expression and fulfillment of needs.

Prejudices

Preconceived opinions or judgments toward people, objects, or situations based on stereotypes, without sufficient knowledge or examination.

Concealment

The act of hiding something or preventing it from being known.