QuickHelper

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Category > Accounting Posted 30 Aug 2017 My Price 11.00

Treadmill vs Bike exercise, statistics homework help

Question description

 

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 in the space provided below:

  1. Construct a 95 percent confidence interval for the difference between the proportions of service contracts sold on treadmills versus exercise bikes.
  2. Is there a major difference between the two pieces of equipment? Why or why not?

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QuickHelper
(10)
Status NEW Posted 30 Aug 2017 06:08 AM My Price 11.00

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