Strayer MAT510 Homework Assignment 8
Question # 00150253
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Updated on: 12/12/2015 12:05 AM Due on: 12/30/2015
MAT510 Homework
Homework Assignment 8
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:
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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Solution: Strayer MAT510 Homework Assignment 8