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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; 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 (Atitude 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 Table 14-19, which of the following is the correct expression for the estimated model?
Futures Contracts
Standardized legal agreements to buy or sell something at a predetermined future date and price, typically used for commodities or financial instruments.
Forward Contracts
Non-standardized contracts between two parties to buy or sell an asset at a specified future time at a price agreed upon today.
Default Free
An investment that is considered to have no risk of failure to pay back principal or interest.
CGB Futures
Futures contracts based on Canadian Government Bonds, which allow investors to speculate on or hedge against future changes in the value of these bonds.
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