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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, what is the p-value of the test statistic when testing whether the model is a good-fitting model?
Arbitration
The process whereby a neutral third party issues a binding decision to resolve a dispute.
Negotiate
The process of discussing something with someone to reach an agreement or compromise.
Agreements
Formal arrangements made between two or more parties that specify and regulate the terms of a relationship or transaction.
Communication Process
The exchange of information and understanding from one person or group to another through verbal, non-verbal, or written mediums.
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