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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: Logistic Regression Table
Log-Likelihood
Test that all slopes are zero: -value
Goodness-of-Fit Tests
-Referring to Table 14-19, which of the following is the correct expression for the estimated model?
Environmental Goals
Objectives set by an organization or a government to reduce environmental impact and promote sustainability.
Social Goals
Objectives that relate to improving societal well-being and addressing the needs of a community or population.
Enhanced Profits
Increased earnings resulting from improved business operations, pricing strategies, cost reduction, or sales growth.
Triple Bottom Line Framework
This framework evaluates a company's performance in terms of social, environmental, and financial outcomes, emphasizing sustainability and corporate responsibility.
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