SCENARIO 17-12
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 (Atitude 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:
-Referring to Scenario 17-12, which of the following is the correct interpretation for the Attitude slope coefficient?
A) Holding constant the effect of the other variables, the estimated number of lawn service purchased is 12.74 lower for a home owner who has a favorable attitude toward outdoor
Recreational activities than one that has an unfavorable attitude.
B) Holding constant the effect of the other variables, the estimated odds ratio of purchasing a lawn service is 12.74 lower for a home owner who has a favorable attitude toward
Outdoor recreational activities than one that has an unfavorable attitude.
C) Holding constant the effect of the other variables, the estimated natural logarithm of the odds ratio of purchasing a lawn service is 12.74 lower for a home owner who has a
Favorable attitude toward outdoor recreational activities than one that has an unfavorable
Attitude.
D) Holding constant the effect of the other variables, the estimated probability of purchasing a lawn service is 12.74 lower for a home owner who has a favorable attitude toward
Outdoor recreational activities than one that has an unfavorable attitude.
Correct Answer:
Verified
Q301: SCENARIO 17-12
The marketing manager for a nationally
Q302: SCENARIO 17-12
The marketing manager for a nationally
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The marketing manager for a nationally
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The marketing manager for a nationally
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The marketing manager for a nationally
Q307: SCENARIO 17-12
The marketing manager for a nationally
Q308: SCENARIO 17-12
The marketing manager for a nationally
Q309: SCENARIO 17-12
The marketing manager for a nationally
Q310: SCENARIO 17-12
The marketing manager for a nationally
Q311: SCENARIO 17-12
The marketing manager for a nationally
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