The article Consumer Attitudes Toward Genetic Modification and Other Possible Production Attributes for Chicken (J. Food Distr.
Question:
The article “Consumer Attitudes Toward Genetic Modification and Other Possible Production Attributes for Chicken” (J. Food Distr. Res. 2005: 1–11) reported a survey of 498 randomly selected consumers concerning their views on genetically modified (GM) food. The researchers’ goal was to model the response variable Y = 1 if a consumer wants GM chicken products labeled (and 0 otherwise) as a function of x1 = consumer’s age (yr), x2 = income ($1000s), sex (x3 = 1 if female), and whether there are children in the consumer’s household (x4 = 1 if yes). Estimated model parameter
a. Estimate the likelihood that a consumer wants GM chicken products labeled if that person is a 35-year-old female with $65,000 annual income and no children.
b. Repeat part (a) for a 35-year-old male (keep other features the same).
c. Interpret the coefficient on age.
d. Interpret the coefficient on the sex indicator variable.
Step by Step Answer:
Modern Mathematical Statistics With Applications
ISBN: 9783030551551
3rd Edition
Authors: Jay L. Devore, Kenneth N. Berk, Matthew A. Carlton