Researchers want to learn if giving MK-1167 (the study medicine) along with acetylcholinesterase inhibitor (AChEI) therapy can improve symptoms of Alzheimer's disease dementia (AD dementia), such as memory and mental activity. AD dementia is the most common type of dementia. AChEI therapy is the standard treatment for AD dementia. The goals of this study are to learn: * If at least one dose level (amount) of MK-1167 works to improve a person's memory and thinking compared to a placebo * About the safety of MK-1167 and if people tolerate it
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Change From Baseline in the Alzheimer's Disease Assessment Scale-11-item Cognitive Subscale (ADAS-Cog11) Total Score at Week 24
Timeframe: Baseline and up to approximately 24 weeks
Number of Participants Who Experience One or More Adverse Events (AEs)
Timeframe: Up to approximately 28 weeks
Number of Participants Who Discontinue Study Intervention Due to an AE
Timeframe: Up to approximately 24 weeks