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Elementary,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 352 Weeks Ago, 4 Days Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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1. In investigating the differences between heavy, light and nonusers of frozen foods, it was found that the two largest standardized discriminant function coefficients were 0.97 for convenience orientation and 0.61 for income. Is it correct to conclude that convenience orientation is more important than income when each variable is considered by itself?
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2. Write discriminant equation. Use the following information to calculate the discriminant score for each of the four respondents.
|
Unstandardized Discriminant Coefficient |
|
|
Constant |
2.04 |
|
Age |
0.38 |
|
Income |
0.44 |
|
Risk Taking |
-0.39 |
|
Optimistic |
1.26 |
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|
Respondent |
Age |
Income |
Risk Taking |
Optimistic |
|
1 |
36 |
43.7 |
21 |
65 |
|
2 |
44 |
62.5 |
28 |
56 |
|
3 |
57 |
33.5 |
25 |
40 |
|
4 |
63 |
38.7 |
16 |
36 |
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3. Given the following information calculate the cutting scores for both groups and assign them to groups.
|
Group Sample Sizes |
|
|
Group 1 (N1) |
50 |
|
Group 2 (N2) |
50 |
|
Functions at Group Centroids |
|
|
Group 1 |
0.62 |
|
Group 2 |
0.76 |
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