Table 12-15 shows a sample of 30 observations on the choice of a vendor (A, B, or

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Table 12-15 shows a sample of 30 observations on the choice of a vendor (A, B, or C) based on percent on-time delivery and unit cost of a product. Develop regression models to predict preference of a given vendor.

(a) If vendor C is selected to be the reference for comparison purposes, what is the model that compares preference of vendor B to that of vendor C? Interpret the model coefficients. Interpret the odds ratio for on-time delivery.

(b) Are the predictors significant if the chosen level of significance is 0.05?

(c) In comparing the preference of vendor A to that of vendor C, interpret the model coefficients.

(d) Are the models significant for a chosen level of significance of 0.05?image text in transcribed

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