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SCENARIO 14-19
the Marketing Manager for a Nationally Franchised Lawn

question 301

Short Answer

SCENARIO 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:
Binary Logistic Regression  Predictor  Coefficients  SE Coef Zp-Value  Intercept 7.85623.82242.05530.0398 Income 0.03040.01332.28970.0220 Lawn Size 1.28040.69711.83680.0662 Deviance 25.3089\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\end{array}\\\\\text { Deviance } \quad 25.3089\end{array}
-Referring to Scenario 14-19, which of the following is the correct expression for the estimated model? a) Y=7.8562+0.0304Y = - 7.8562 + 0.0304 Income+1.2804 LawnSize
b) Y^=7.8562+0.0304\hat { Y } = - 7.8562 + 0.0304 Income +1.2804+ 1.2804 LawnSize
c) ln\ln (odds ratio) =7.8562+0.0304= - 7.8562 + 0.0304 Income +1.2804+ 1.2804 LawnSize
d) ln(\ln ( estimated odds ratio )=7.8562+0.0304) = - 7.8562 + 0.0304 Income +1.2804+ 1.2804 LawnSize


Definitions:

Cross-Cultural Leadership

A leadership approach that recognizes and effectively manages cultural diversity in an organizational setting.

Cultures

The shared values, norms, languages, practices, and customs of a group of people or society.

Interpret

To explain or provide the meaning of something, often requiring analysis or understanding of context.

Diversity And Inclusion

Strategies and practices aimed at creating a workplace that recognizes, embraces, and benefits from the differences in people.

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