GSK Pharmaceuticals wish to ensure that their Paracetamol tablets contain, on average, the amount quoted on the packet of their product - namely 500 mg. Clinical tests on a random sample of 66 tablets yielded an average of 499.34 mg of Paracetamol per tablet. If it can be assumed,on the basis of previous trials, that the standard deviation of is 5.7 mg, construct a 99.5% confidence interval for the average amount of Paracetamol. State only the upper limit of this interval correct to two decimal places.
GSK Pharmaceuticals wish to ensure that their Paracetamol tablets contain, on average, the amount quoted on...
A sales consultant for Herron Pharmaceuticals wished to confirm that their packet of 24 paracetamol tablets was cheaper at the retail level than their rival product. The sales consultant collected price data from two independent samples, of size 19 for Herron and 26 for the rival company. These yielded an average and variance for the retail price of Herron's product of 334 cents and 54 cents squared respectively, and 380 cents and 66 cents squared for the rival. Under the...
A sales consultant for Herron Pharmaceuticals wished to confirm that their packet of 24 paracetamol tablets was cheaper at the retail level than their rival product. The sales consultant collected price data from two independent samples, of size 19 for Herron and 26 for the rival company. These yielded an average and variance for the retail price of Herron's product of 380 cents and 52 cents squared respectively, and 381 cents and 63 cents squared for the rival. Under the...