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

question 250

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 probability that 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 will be a private school?

Understand the components and significance of planning in human resources management.

Identify the role and characteristics of external recruitment sources including headhunters.

Recognize the importance and methods of verifying applicant references.

Understand the functions involved in human resources management including testing and selection.

---

Definitions:

Increased Dramatically

A term describing a rapid and significant rise or growth in the magnitude or extent of something.

Famous Person

An individual who has received significant public attention and recognition in the media for their achievements, personality, or activities.

Nation's Suicide Rates

Statistical measures that indicate the number of suicides occurring per year within a given country, typically expressed per 100,000 individuals.

Suicide Rates

An alternative indicator of the incidence of self-inflicted fatal harm across different demographics or periods.