TABLE 14-17
The marketing manager for a nationally franchised lawn service company would like to study the characteristics that differentiate home owners who do and do not have a lawn service. A random sample of 30 home owners located in a suburban area near a large city was selected; 15 did not have a lawn service (code 0) and 15 had a lawn service (code 1). Additional information available concerning these 30 home owners includes family income (Income, in thousands of dollars), lawn size (Lawn Size, in thousands of square feet), attitude toward outdoor recreational activities (Attitude 0 = unfavorable, 1
= favorable), number of teenagers in the household (Teenager), and age of the head of the household (Age).
The Minitab output is given below:
Log-Likelihood = -4.890
Test that all slopes are zero: G = 31.808, DF = 5, P-Value = 0.000
Goodness-of-Fit Tests
-Referring to Table 14-17, there is not enough evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.
Correct Answer:
Verified
Q108: A regression had the following results: SST
Q116: TABLE 14-8
A financial analyst wanted to examine
Q234: TABLE 14-11
A logistic regression model
Q235: The coefficient of multiple determination measures the
Q236: TABLE 14-16
The superintendent of a
Q238: TABLE 14-8
A financial analyst wanted
Q240: TABLE 14-16
The superintendent of a
Q241: When an explanatory variable is dropped from
Q242: If we have taken into account all
Q244: TABLE 14-11
A logistic regression
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents