SCENARIO 14-18 A Logistic Regression Model Was Estimated in Order to Predict

question 247

Short Answer

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, what is the estimated odds ratio for a school with a mean SAT score of 1100 and a TOEFL criterion that is not at least 90?

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Definitions:

Proper Order

The correct or most effective sequencing or arrangement of actions, processes, or items according to specific rules, guidelines, or logical considerations.

Chemical Weathering

The process by which rocks are decomposed, dissolved, or loosened by chemical processes, often involving water.

Dissolution

The process by which a solid substance is dissolved in a liquid, becoming a part of the liquid solution.

Oxidation

A chemical reaction where a substance loses electrons, often leading to rust formation in metals.