TABLE 14-19 The Marketing Manager for a Nationally Franchised Lawn Service Company

question 103

Short Answer

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 LawnSize makes a significant contribution to the model in the presence of the other independent variables?

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Definitions:

Workplace Diversity

The inclusion of a wide range of people in a workplace, embracing differences in race, gender, age, religion, identity, and cultural backgrounds.

Work Teams

Groups of employees who collaborate and share responsibilities to achieve specific goals or complete particular projects within an organization.

Complexity

Involves a situation or system with numerous interconnected parts or aspects that are difficult to understand, predict, or manage.

Political Dynamics

Refers to the complex interplay of political forces, decisions, and actions that influence the governance and policy-making within organizations or societies.