Warning: Trying to access array offset on value of type bool in /home/topgsnkq/timelyhomework.com/wp-content/themes/enfold/framework/php/function-set-avia-frontend.php on line 570
Business Statistics
Suppose the number of equipment sales and service contracts that a store sold
during the last six (6) months for treadmills and exercise bikes was as
follows:
Treadmill Exercise Bike
Total
sold 185 123
Service contracts
67 55
The store can only sell a service
contract on a new piece of equipment. Of the 185 treadmills sold, 67 included a
service contract and 118 did not.
Complete the following questions:
- Construct a 95 percent confidence interval for the difference between the proportions of service contracts sold on treadmills versus exercise bikes.
- Is there a major difference between the two pieces of equipment? Why or why not?
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"
