Question

In: Statistics and Probability

Tylenol needs to make sure that the standard deviation for the amount of acetaminophen in its...

Tylenol needs to make sure that the standard deviation for the amount of acetaminophen in its regular strength tablet must be less than 5 mg. To test this, the quality control manager randomly selects 20 pills and found that the standard deviation amount of acetaminophen was 3.89 mg. Test the claim at the α=0.10 level of significance. Note: The data is normal with no outliers.

Solutions

Expert Solution

Here, we have to use Chi square test for the population variance or standard deviation.

The null and alternative hypotheses for this test are given as below:

Null hypothesis: H0: The standard deviation for the amount of acetaminophen in its regular strength tablet is 5 mg.

Alternative hypothesis: Ha: The standard deviation for the amount of acetaminophen in its regular strength tablet is less than 5 mg.

H0: σ = 5 versus Ha: σ < 5

This is a lower tailed test.

The test statistic formula is given as below:

Chi-square = (n – 1)*S^2/ σ2

From given data, we have

n = 20

S = 3.89

σ = 5

Chi-square = (20 - 1)*3.89^2/5^2

Chi-square = 11.5004

We are given

Level of significance = α = 0.05

df = n – 1

df = 19

Critical value = 11.6509

(by using Chi square table or excel)

Test statistic Chi-square = 11.5004 < Lower Critical value = 11.6509

So, we reject the null hypothesis

There is sufficient evidence to conclude that the standard deviation for the amount of acetaminophen in its regular strength tablet is less than 5 mg.


Related Solutions

1) Draw the mechanism and product of: basic hydrolysis of propanenitrile. 2) Tylenol (acetaminophen) has a...
1) Draw the mechanism and product of: basic hydrolysis of propanenitrile. 2) Tylenol (acetaminophen) has a much longer shelf life than aspirin. Explain.
Management of Johnson & Johnson desperately needs a strategic plan to save its Tylenol[1]business, but first...
Management of Johnson & Johnson desperately needs a strategic plan to save its Tylenol[1]business, but first some background. According to Johnson & Johnson, Johnson & Johnson has been a part of people's lives for 128 years and a valuable part of their investments for approximately 70 years. Founded in 1886, we listed our shares on the New York Stock Exchange for public investors in 1944. During our history, we have built the most comprehensive base of healthcare businesses in the...
Find the SS, the variance, and the Standard Deviation of Sample A Please be sure to...
Find the SS, the variance, and the Standard Deviation of Sample A Please be sure to show your entire work. For each step. Sample A 8 10 18 1 6 11 9 10 10 7
Calculate the standard deviation and coefficient of variation for each data set below, be sure to...
Calculate the standard deviation and coefficient of variation for each data set below, be sure to attach an Excel file to show the work. Explain which of the two mentioned measures can more accurately specify which of these two data sets has more variability or dispersion in their data values, and why. Data set 1= 11,12,13,14,15,16,17,18,19,20 Data set 2= 8,9,28,29,5,4,1,3,2,10
Make distinctions between the standard deviation and beta in the measurement of risk in the capital...
Make distinctions between the standard deviation and beta in the measurement of risk in the capital market. Which one of these two metrics (standard deviation and beta) is relevant for measuring the risk of well-diversified portfolio? Explain why.
Make distinctions between the standard deviation and beta in the measurement of risk in the capital...
Make distinctions between the standard deviation and beta in the measurement of risk in the capital market. Which one of these two metrics (standard deviation and beta) is relevant for measuring the risk of well-diversified portfolio? Explain why.
Changing the mean and standard deviation of a Normal distribution by a moderate amount can greatly...
Changing the mean and standard deviation of a Normal distribution by a moderate amount can greatly change the percent of observations in the tails. Suppose that a college is looking for applicants with SAT math scores 750 and above. (a) In 2015, the scores of men on the math SAT followed the N ( 527 , 124 ) distribution. What percent of men scored 750 or better? A) 96.41 % B) 1.36 % C) 0.96 % D) 1.80 % E)...
The mean amount purchased by each customer at Summit bookstore is $35 with a standard deviation...
The mean amount purchased by each customer at Summit bookstore is $35 with a standard deviation of $9. The population is positively skewed. For a sample of 42 customers, answer the following questions: a. What is the likelihood the sample mean is at least $39? (Round the z-value to 2 decimal places and the final answer to 4 decimal places.) Sample mean b. What is the likelihood the sample mean is greater than $33 but less than $39? (Round the...
the average amount of rain per year in Greenville is 49 inches. the standard deviation is...
the average amount of rain per year in Greenville is 49 inches. the standard deviation is 8 inches. Find the probability and graph that next year Greenville will receive less than 46 inches and more than 54 inches of rain. Assume the variable is normally distributed.
The average and standard deviation of the amount of GST paid by all sole trader businesses...
The average and standard deviation of the amount of GST paid by all sole trader businesses in a twelve month period were $7.205 thousand and $2.314 thousand respectively. If a sample of 60 sole trader businesses was chosen, find the sample average value above which only 5% of sample averages would lie. Give your answer in dollars (to the nearest dollar).
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT