Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company that manufactures riding mowers wants to identify the best sales prospects for an intensive sales campaign. In particular, the manufacturer is interested in

A company that manufactures riding mowers wants to identify the best sales prospects for an intensive sales campaign. In particular, the manufacturer is interested in classifying households as prospective own- ers or nonowners on the basis of Income (in $1000s) and Lot Size (in 1000 ft2). The marketing expert looked at a random sample of 24 households, given in the file Riding- Mowers.csv.

a. Using R, create a scatter plot of Lot Size vs. Income, color-coded by the outcome variable owner/nonowner. Make sure to obtain a well-formatted plot (create legi- ble labels and a legend, etc.).

Income

Lot_Size

Ownership

60

18.4

Owner

85.5

16.8

Owner

64.8

21.6

Owner

61.5

20.8

Owner

87

23.6

Owner

110.1

19.2

Owner

108

17.6

Owner

82.8

22.4

Owner

69

20

Owner

93

20.8

Owner

51

22

Owner

81

20

Owner

75

19.6

Nonowner

52.8

20.8

Nonowner

64.8

17.2

Nonowner

43.2

20.4

Nonowner

84

17.6

Nonowner

49.2

17.6

Nonowner

59.4

16

Nonowner

66

18.4

Nonowner

47.4

16.4

Nonowner

33

18.8

Nonowner

51

14

Nonowner

63

14.8

Nonowner

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Calculus

Authors: Carla C Morris, Robert M Stark

1st Edition

ISBN: 1119015367, 9781119015369

More Books

Students also viewed these Mathematics questions

Question

consider your role and influences as a researcher;

Answered: 1 week ago