MAT 510 Week 9 Assignment Help | Strayer University
- strayer university / MAT 510
- 12 Mar 2021
- Price: $8
- Mathematics Assignment Help / statistics
MAT 510 Week 9 Assignment Help | Strayer University
Homework
Suppose a sporting goods store sold treadmills, exercise bikes, and
equipment service contracts over the past six months as shown in the table
below.
Equipment and Service Contract Sales |
||
|
Treadmill |
Exercise Bike |
Equipment Sales |
185 |
123 |
Service Contract Sales |
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.
Respond to the following in a Word document and submit:
1. Construct a 95
percent confidence interval for the difference between the proportions of
service contracts sold on treadmills versus exercise bikes.
2. Determine if there
is or is not a major difference between the two pieces of equipment and provide
a rationale for your response.