Platinum Gym Has 10,000 Gyms Members Out of Which 1500

question 2

Short Answer

Platinum Gym has 10,000 gyms members out of which 1500 memberships included Unlimited Fitness Training and use of the tanning salon, and out of which 750 included Unlimited Hydromassage. If the Fitness Training are considered A, the use of the tanning salon are considered B, and the Hydromassage are considered C, then the associate rule for these sales become "If A and B are purchased, then C is also purchased." Given total transactions for C is 3000. Calculate benchmark confidence level.

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Definitions:

Workbook Problems

Exercises and questions found in a workbook intended to practice or test knowledge on a particular subject.

Marginal Rate of Transformation

The rate at which one good must be sacrificed in order to produce an additional unit of another good, assuming constant technology.

Hormone-free Cow

A cow that has not been treated with artificial hormones, often used to promote growth or increase milk production in dairy cows.

Organic Plant Fertilizer

A fertilizer made from natural materials that provides nutrients to plants without the use of synthetic chemicals.