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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, what are the degrees of freedom for the chi-square distribution when testing whether the model is a good-fitting model?
General Partners
Parties in a partnership who are responsible for the management of the partnership and are personally liable for its debts.
Limited Partners
Investors in a limited partnership who are only liable for the business's debts and obligations up to the amount of their investment.
Limited Partnership
A form of partnership featuring both general partners, with unlimited liability, and limited partners, with liability limited to their investment.
Tax-Paying Entity
An individual or organization required by law to pay taxes to a governmental authority.
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