Question
|
|
MAT 510 – Homework Assignment |
Homework Assignment 6
Due in Week 9 and worth 30 points
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:
|
Equipment Sales and Service Contracts Sold |
||
|
|
Treadmill |
Exercise Bike |
|
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?
Type your answers below and submit this file in Week 9 of the online course shell: