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SCENARIO 13-18
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:
Binary Logistic Regression
-Referring to SCENARIO 13-18, which of the following is the correct interpretation for the SATslope coefficient?
Withdrawals Account
An account used to record the amounts taken out of a business by its owner(s) for personal use.
Capital Balance
The amount of money invested in a company by its owners or shareholders, represented in the equity section of the balance sheet.
Accounting Period
The span of time at the end of which a company's financial performance is measured and reported.
Investments
Assets purchased with the aim of generating income or appreciation, such as stocks, bonds, or real estate.
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