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SCENARIO 14-18
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 and whether the TOEFL criterion is at least 90 (Toefl90 = 1 if yes, 0 otherwise.) The dependent variable, Y, is school type (Type = 1 if private and 0 otherwise) . There are 80 universities in the sample. The PHStat output is given below:
-Referring to Scenario 14-18, which of the following is the correct interpretation for the SAT slope coefficient?
Existential Import
The presumption that a statement implies the existence of the subject it mentions.
Modern View
A contemporary perspective or understanding of a subject, reflecting the latest developments or ideas.
Validity
In logic and reasoning, it refers to the attribute of an argument where if the premises are true, the conclusion necessarily follows.
Validity Rules
The set of rules or criteria used to assess whether the logical structure of an argument is valid, ensuring that if the premises are true, the conclusion necessarily follows.
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