TABLE 17-12 The Marketing Manager for a Nationally Franchised Lawn Service Company

question 85

True/False

TABLE 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 (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:
-True or False: Referring to Table 17-12,there is not enough evidence to conclude that Teenager makes a significant contribution to the model in the presence of the other independent variables at a 0.05 level of significance.

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Definitions:

Compensation

Payment or remuneration awarded to someone in exchange for services rendered or as reparation for loss or injury.

Trespass

The act of unlawfully entering or occupying someone's property without permission.

Conversion

The wrongful taking, using, or retaining possession of personal property that belongs to another.

Personal Property

Items of property that include movable assets as opposed to real property (land and buildings).