Solved

TABLE 14-19 The Marketing Manager for a Nationally Franchised Lawn Service Company

Question 160

Multiple Choice

TABLE 14-19
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; 11 did not have a lawn service (code 0) and 19 had a lawn service (code 1) .Additional information available concerning these 30 home owners includes family income (Income,in thousands of dollars) and lawn size (Lawn Size,in thousands of square feet) .
The PHStat output is given below: TABLE 14-19 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; 11 did not have a lawn service (code 0) and 19 had a lawn service (code 1) .Additional information available concerning these 30 home owners includes family income (Income,in thousands of dollars) and lawn size (Lawn Size,in thousands of square feet) . The PHStat output is given below:   -Referring to Table 14-19,which of the following is the correct expression for the estimated model? A) Y = -7.8562 + 0.0304 Income + 1.2804 LawnSize B)    = -7.8562 + 0.0304 Income + 1.2804 LawnSize C) In (odds ratio) = -7.8562 + 0.0304 Income + 1.2804 LawnSize D) In (estimated odds ratio) = -7.8562 + 0.0304 Income + 1.2804 LawnSize
-Referring to Table 14-19,which of the following is the correct expression for the estimated model?


A) Y = -7.8562 + 0.0304 Income + 1.2804 LawnSize
B) TABLE 14-19 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; 11 did not have a lawn service (code 0) and 19 had a lawn service (code 1) .Additional information available concerning these 30 home owners includes family income (Income,in thousands of dollars) and lawn size (Lawn Size,in thousands of square feet) . The PHStat output is given below:   -Referring to Table 14-19,which of the following is the correct expression for the estimated model? A) Y = -7.8562 + 0.0304 Income + 1.2804 LawnSize B)    = -7.8562 + 0.0304 Income + 1.2804 LawnSize C) In (odds ratio) = -7.8562 + 0.0304 Income + 1.2804 LawnSize D) In (estimated odds ratio) = -7.8562 + 0.0304 Income + 1.2804 LawnSize = -7.8562 + 0.0304 Income + 1.2804 LawnSize
C) In (odds ratio) = -7.8562 + 0.0304 Income + 1.2804 LawnSize
D) In (estimated odds ratio) = -7.8562 + 0.0304 Income + 1.2804 LawnSize

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions