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Pages:
2 pages/≈550 words
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Style:
MLA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
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Topic:

Equipment and Service Contract Sales. Business & Marketing Coursework

Coursework Instructions:

NOTE: Please review chapter 8 for reference
Hoerl, R., & Snee, R. (2012). Statistical thinking: Improving business performance
Suppose a sporting goods store sold treadmills, exercise bikes, and equipment service contracts over the past six months as shown in the table below. (Please see the table which is attached in an additional document)
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:
Construct a 95 percent confidence interval for the difference between the proportions of service contracts sold on treadmills versus exercise bikes.
Determine if there is or is not a major difference between the two pieces of equipment and provide a rationale for your response.

Coursework Sample Content Preview:
Student's Name
Course Name & Number
Professor's Name
Paper due date
Equipment and Service Contract Sales
a) 95 percent confidence interval for the difference between the proportions of service contracts sold on treadmills versus exercise bikes
*
* Determining whether or not there is a major difference between the two pieces of equipment
There is ...
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