SCENARIO 13-19
the Marketing Manager for a Nationally Franchised Lawn

question 214

Short Answer

SCENARIO 13-19
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:
Binary Logistic Regression $$\begin{array}{l}\begin{array} { l r r r r } \hline { \text { Predictor } } & \text { Coefficients } & \text { SE Coef } & { Z } & p \text {-Value } \\\hline \text { Intercept } & - 7.8562 & 3.8224 & - 2.0553 & 0.0398 \\\text { Income } & 0.0304 & 0.0133 & 2.2897 & 0.0220 \\\text { Lawn Size } & 1.2804 & 0.6971 & 1.8368 & 0.0662\\\text { Deviance } & 25.3089\end{array}\\\end{array}$$
-Referring to SCENARIO 13-19, what is the p-value of the test statistic when testing whether the model is a good-fitting model?

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Definitions:

Forges

The act of illegally copying or fabricating something, usually documents, artwork, or currency, with the intent to deceive.

Suffers The Loss

Experiencing negative consequences, usually financial, as a result of an event, decision, or action.

Federal Law

Laws passed by the national government of a country, which apply throughout the nation and take precedence over state or local laws.

Forged Item

An item that has been fraudulently replicated or altered with the intent to deceive.