TABLE 17-11 A Logistic Regression Model Was Estimated in Order to Predict

question 169

Short Answer

TABLE 17-11
A logistic regression model was estimated in order to predict the probability that a randomly chosen university or college would be a private university using information on mean total Scholastic Aptitude Test score (SAT)at the university or college,the room and board expense measured in thousands of dollars (Room/Brd),and whether the TOEFL criterion is at least 550 (Toefl550 = 1 if yes,0 otherwise.)The dependent variable,Y,is school type (Type = 1 if private and 0 otherwise).
-Referring to Table 17-11,what is the estimated odds ratio for a school with a mean SAT score of 1100,a TOEFL criterion that is not at least 550,and the room and board expense of 7 thousand dollars?

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Definitions:

Basic Mechanism

Fundamental processes describing the simplest form of how reactions occur at a molecular level, often foundational to more complex mechanisms.

Organic Chemistry

A branch of chemistry that studies the structure, properties, composition, reactions, and preparation of carbon-containing compounds, which include not only hydrocarbons but also compounds with any number of other elements, including hydrogen, nitrogen, oxygen, halogens, phosphorus, silicon, and sulfur.

Reaction

A method whereby one or more materials (known as reactants) are transformed into one or more distinct materials (referred to as products).

Major Product

The product of a chemical reaction that is formed in the greatest amount, differentiated by its higher yield in contrast to minor products.