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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, what is the estimated odds ratio for a 48-year-old home owner with a family income of $100,000, a lawn size of 5,000 square feet, a negative attitude toward outdoor recreation, and one teenager in the household?
Market Share
The percentage of total sales volume in a market captured by a brand, product, or company.
Interfere
Interfere refers to the act of intervening or meddling in the affairs or actions of others, often leading to obstruction or hindrance.
Predatory Behavior
Predatory behavior involves unethical or exploitative tactics to take advantage of someone weaker or in a more vulnerable position.
Intentional Deceit
The act of deliberately misleading or deceiving someone, often for personal gain or to deceive.
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