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

question 101

Short Answer

SCENARIO 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).
The Minitab output is given below:
-Referring to Scenario 17-11, what is the estimated probability that a school with an mean SAT
score of 1250, a TOEFL criterion that is at least 550, and the room and board expense of 5
thousand dollars will be a private school?

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Definitions:

Myelin Sheath

A fatty layer that encases and insulates the axons of many neurons, allowing for faster transmission of electrical signals along the nerve cells.

Astrocytes

Star-shaped glial cells in the brain and spinal cord involved in physical support, repair, and nutrient transport within the central nervous system.

Node

A point of intersection or a junction between different elements or structures, often used in contexts of networks or biological processes.

Myelinated Axon

Nerve fiber having a myelin sheath.