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

question 94

True/False

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:
-True or False: Referring to Table 14-19,there is not enough evidence to conclude that LawnSize makes a significant contribution to the model in the presence of Income at a 0.05 level of significance.

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Definitions:

Social Status

The position or rank of a person or group within the societal hierarchy, influenced by factors like wealth, occupation, education, and family background.

Codex Mendoza

An Aztec codex created in the 16th century, containing detailed illustrations and information on the history, politics, and social structures of the Aztec empire.

Founding

The act of establishing something, such as a city, organization, or institution, marking its origin.

Tenochtitlán

The capital of the Aztec empire, founded in 1325, which was located on an island in Lake Texcoco where modern-day Mexico City stands.