User Account

All Pages

Number of equipment sales and service contracts

Assignment Help Finance Basics
Reference no: EM131081350

Would you please explain how to formulate this on an excel spreadsheet. and explain how the results were arrived.

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?

Reference no: EM131081350

Questions Cloud

Design a silicon semiconductor resistor : I. Design a silicon semiconductor resistor. with resistance between 6-10 kn. in the shape of a recungular bar. Assume this resistor will be used in an integrated circuit and therefore a small size is necessary as well as operation.
Central limit theorem : The weights of all NHL goalies are not normally distributed with a mean of 183.5 pounds & standard deviation of 8.8 pounds. A sample of 36 goalies are weighed, calculate the probability that the sample's mean weight is between 185.0 and 186.0 poun..
Average cost of bypass surgery : Is this sufficient evidence to say that the average cost of angioplasty is less than the average cost of bypass surgery?
Null and alternative hypotheses for a nonparametric : The VP of Sales at WidgeCorp, who is comfortable with statistics, wants to know the possible null and alternative hypotheses for a nonparametric test on this data using the chi-square distribution.
Number of equipment sales and service contracts : 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:
How data is displayed in the figure or table you selected : Review the Learning Resources for this week related to frequency distributions and graphic displays of data. Using the SPSS software, open the General Social Survey dataset found in this week's Learning Resources.
Evaluation of carcinogenic risks to humans : According to IARC Monographs on the Evaluation of Carcinogenic Risks to Humans: Tobacco smoke and involuntary smoking (Vol. 83. 2004, Lyon: IARC Press), people with the highest lung cancer risks are those who:
Differences in the proportion of young women : Give a 99% confidence interval for the differences in the proportion of young women who develop cervical cancer with and without the vaccine.
Write an essay about the case a political aspect : Write an essay about the case "A Political Aspect". Required "Financial statements must provide a neutral scorecard of the effects of transactions." Comment.

Reviews

Write a Review

Finance Basics Questions & Answers

  Bltd issues rs1 00000 9 debentures at a premium of 10the

b ltd issues rs.1 00000 9 debentures at a premium of 10.the cost of flotation are 2.the tax rate applicablenis

  Dunn sporting goods sells athletic clothing and footwear to

dunn sporting goods sells athletic clothing and footwear to retail customers. dunns accountant indicates that the firms

  How much additional return will the commercial paper

How much additional return will the commercial paper generate over the Treasury bills?

  Why are earnings announcements made in advance of the

why are earnings announcements made in advance of the release of financial statements? what information do they

  How many years will it take to growinterest rate at what

1. future value. what is the future value ofa. 800 invested for 14 years at 11 percent compounded annually?b. 210

  Determine the amount of dollars to be received

You will exercise the option in 90 days (if at all). You expect the spot rate of the pound to be $1.57 in 90 days. Determine the amount of dollars to be received, after deducting payment for the option premium.

  What is the weighted average contribution margin

Lambardi sells in a mix of 2 units of A, 3 units of B and 5 units of C. What is the weighted average contribution margin per unit for Lambardi?

  Information cannot be neutral-it cannot therefore be

information cannot be neutral-it cannot therefore be reliable-if it is selected or presented for the purpose of

  Firm net income and net cash flow

Butterfly Tractors had $17.50 million in sales last year. Cost of goods sold was $8.70 million, depreciation expense was $2.70 million, interest payment on outstanding debt was $1.70 million, and the firm's tax rate was 30%.

  The mathematical expression of probability as a number

the mathematical expression of probability as a number between 0 and 1 is fundamental to understanding statistics. for

  Company cost of equity capital

Dybvig Corporation's common stock has a beta of 1.1. If the risk-free rate is 5.1 percent and the expected return on the market is 13 percent, what is the company's cost of equity capital?

  Why should a financial decision maker such as corporate cfo

Explain why it is that in an efficient market, investments have an expected NPV of zero. Why should a financial decision maker such as a corporate treasurer or CFO be concerned with market efficiency?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd