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

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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). 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).   -True or False: Referring to Table 17-11,there is not enough evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.
-True or False: Referring to Table 17-11,there is not enough evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.


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