I found another thread here with exactly what I'd like to do: Hide a field based on the value of another field. If WorkspaceSetup= NO, LaptopSetup field is hidden. The other thread is here (I can't comment because I don't have enough reputation points yet)
Hide/Show field on list form based on value from another field
I can't seem to get this to work. I'm also a little confused on what the 2nd commenter means as far as the on.change event. This is how I changed the code to reflect my fields: