(5 points) How much does novelty influence the choice of vacation destination? P

Question

(5 points) How much does novelty influence the choice of vacation destination? Petrick (2002) reports results of a survey in which 448 golf vacationers completed a postal survey after their stay at a golf resort. The questionnaire included thirteen items on aspects of 'novelty' regarding golf vacations: four assessing 'thrill', and three each on 'change from routine', 'boredom alleviation', and 'surprise Each item required a response on a Likert scale from 1 to 5, where a higher number indicated a greater novelty value. Certain research hypotheses related to how factors of novelty would be predicted by four explanatory variables: the number of golf rounds played per year (Xi), the lifetime total number of golf vacations taken (X2), the number of years playing golf (X3), and the mean golf score (X4) Petrick, J.F. (2002): An examination of golf vacationers' novelty. Annals of Tourism Research 29, No.2, 384-400 Part a) We consider first the response variable of the total questionnaire score on the 'change from routine' responses (Y). A model of the form is fitted to the data, where is an error term. If the above model is acceptable for the data, which of the following is a correct interpretation of As ? A. For vacationers with a common number of rounds per year, a common number of lifetime golf vacations, and of the same golf ability, the average total 'change from routine' score increases by 3 units for every one year increase in the number of years playing golf B. The average total change from routine score increases by 3 units for every one year increase in the number of years playing golf C. For vacationers with the average number of rounds per year, the average number of lifetime golf vacations, and of mean golf ability, the average total change from routine' score increases by 3 units for every one year increase in the number of years playing golf D. For vacationers with the average number of rounds per year, the average number of years playing golf, and of mean golf ability, the average total 'change from routine' score increases by P3 units for every increase by one in the lifetime number of golf vacations.

Explanation / Answer

Part (a): A: General interpretaion of coefficient. Change in response variable for a unit change in explanatory.

Part (b): 1/(qt(.02,1)/-0.19) = 0.01195379

As t= B/SE(B) ~ t(df = 1). p=.02. So 0.02th quantile is the value of test statistic. Sloving for B=-.19.

Part (c): C obviously, we reject null at 0.05 significance level as p-value is less than 0.05. So we are rejecting null in favor of alternative which says that effect is 0.

Part (d): pf(3.32,448,1) = 0.5834015

Part (e): D Interpretation of R2. Clear.

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