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SCENARIO 18-12 The Marketing Manager for a Nationally Franchised Lawn Service Company

question 57

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SCENARIO 18-12
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:
SCENARIO 18-12 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:   -Referring to Scenario 18-10 and using both Model 1 and Model 2,there is sufficient evidence to conclude that the independent variables that are not significant individually are also not significant as a group in explaining the variation in the dependent variable at a 5% level of significance?
-Referring to Scenario 18-10 and using both Model 1 and Model 2,there is sufficient evidence to conclude that the independent variables that are not significant individually are also not significant as a group in explaining the variation in the dependent variable at a 5% level of significance?

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Definitions:

Function

A scheme relating a bundle of inputs with a spectrum of viable outputs, under the condition that each input is matched with one output exclusively.

Composition

In mathematics, composition refers to the application of one function to the results of another, denoted as \(f(g(x))\), where \(g\) is applied first and then \(f\).

Function

A connection framework between a pack of inputs and a slew of endorsed outputs, ensuring each input leads to a distinct output.

Composition

In mathematics, the operation of applying one function to the results of another, denoted as \((f \circ g)(x) = f(g(x))\).

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