Business Statistics Discussions(2) and 1 Assignment

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HmwkAssignCalculations.xlsx

CI_calculation

Confidence Interval (C.I.) on difference between two proportions
Treadmill Exercise Bike
p1 0.3621621622 p2 0.4471544715
q1 0.6378378378 q2 0.5528455285
n1 185 n2 123
Service contract 67 Service contract 55
zc 1.96 95% Confidence Level zc 1.96
sigma(p1) 0.0692591064 sigma(p2) 0.0878687008
0.2929030558 <= p1 <= 0.4314212685 0.3592857707 <= p2 <= 0.5350231724
Sigma(p1-p2) 0.1118826725
Proportion difference -0.0849923094
Confidence Interval Min max
-0.1968749819 0.0268903631

Sheet2

Sheet3