Hearing aid sales

Write a Memorandum directed to your faculty answering the questions below.

Based on the   2-by-2 contingency table to determine the total number of people who fail the diagnostic test, which represents the target market for hearing aid sales from Assignment  2  and the information from  the case study, calculate:

1.  How many people will buy the hearing aids?

2.  How much the clinic will make on hearing aid sales to those people based on the

Hearing aid sales mix Hearing Aids

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Unit Price

Sales (show the calculations)

Mix

Low-end

$1,000

40%

Mid-range