{"id":10175,"date":"2020-11-20T10:41:39","date_gmt":"2020-11-20T10:41:39","guid":{"rendered":"http:\/\/onlineclassesguru.com\/?p=10175"},"modified":"2020-11-20T10:41:39","modified_gmt":"2020-11-20T10:41:39","slug":"suppose-the-number-of-equipment-sales-and-service-contracts-that-a-store-sold-during-the-last-six-6-months-for-treadmills-and-exercise-bikes","status":"publish","type":"post","link":"https:\/\/onlineclassesguru.com\/index.php\/2020\/11\/20\/suppose-the-number-of-equipment-sales-and-service-contracts-that-a-store-sold-during-the-last-six-6-months-for-treadmills-and-exercise-bikes\/","title":{"rendered":"Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes"},"content":{"rendered":"<style type=\"text\/css\"><\/style><p>Description<\/p>\n<p>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:<\/p>\n<p>Treadmill Exercise Bike Total sold 195 138 Service contracts 60 45 The store can only sell a service contract on a new piece of equipment. Of the 195 treadmills sold, 60 purchased a service contract. Of the 138 exercise bikes, 45 purchased a service contract.<\/p>\n<p>Remember to watch the instructional video and use the excel template provided to help you with the math. Complete the following questions in the space provided below:<\/p>\n<p>Is there a major difference between the two pieces of equipment? Why or why not?<\/p>\n<p>Interpret the meaning of the confidence interval for Treadmills at a 95% confidence level.<\/p>\n<p>Interpret the meaning of the confidence interval for Exercise Bikes at a 95% confidence level.<\/p>\n<p>Are confidence intervals one-tailed or two-tailed?<\/p>\n<p>Construct a 95 percent confidence interval for the difference between the proportions of service contracts sold on treadmills versus exercise bikes.<\/p>\n<p><center><a href=\"http:\/\/onlineclassesguru.com\/orders\/ordernow\"><img decoding=\"async\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcTyj99p60XCLyLk1htB7-1neRt8-2QdnenNlQ&usqp=CAU\"target=\"_http:\/\/onlineclassesguru.com\/orders\/ordernow\"\/><\/center><p>","protected":false},"excerpt":{"rendered":"<p>Description 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 195 138 Service contracts 60 45 The store can only sell a service contract on a new piece of equipment. Of the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10175","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes - onlineclassesguru<\/title>\n<meta name=\"description\" content=\"proportions of service contracts\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/onlineclassesguru.com\/index.php\/2020\/11\/20\/suppose-the-number-of-equipment-sales-and-service-contracts-that-a-store-sold-during-the-last-six-6-months-for-treadmills-and-exercise-bikes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes - 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