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[See] The Resolve Pharmaceutical Company claims its new formulation for its over-the-counter sinus medication is faster acting than its original formulation.

Question: The Resolve Pharmaceutical Company claims its new formulation for its over-the-counter sinus medication is faster acting than its original formulation. Before, people who took the medication felt substantial relief in µ = 32.8 minutes. A sample of 24 people who were given the new formulation felt substantial relief in \(\bar{X}\) = 31.6 minutes with a standard deviation of s = 5.3 minutes. Does the data indicate that mean amount of time to feel substantial relief for the new formulation is less than the old formulation? Use a 1% significance level.

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