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

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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: 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:   -Referring to Scenario 14-19, what is the estimated odds ratio for a home owner with a family income of $50,000 and a lawn size of 5,000 square feet?
-Referring to Scenario 14-19, what is the estimated odds ratio for a home owner with a family income of $50,000 and a lawn size of 5,000 square feet?


Definitions:

Missing Interest Rate

The unknown rate of interest in a financial calculation that needs to be determined.

Missing Interest Rate

The interest rate that is not stated or known in a financial problem, which may need to be calculated.

Missing Interest Rate

Refers to an interest rate that is not specified or is unknown in a financial scenario.

Missing Interest Rate

The interest rate that is not known or provided in a financial scenario, which is necessary to solve related problems.

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