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

question 298

True/False

TABLE 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, 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 Table 14-18, the null hypothesis that the model is a good-fitting model cannot be rejected when allowing for a 5% probability of making a type I error.

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Definitions:

Measures

Tools or instruments used to assess, evaluate, or quantify a particular attribute, ability, or characteristic.

Clinical Scales

Tools or instruments used in a clinical setting to measure or assess psychological, emotional, or behavioral conditions.

Collection of Traits

A set of characteristic qualities or features that define an individual or thing, often used in the context of personality assessment.

Four Dichotomies

Refers to the four pairs of opposite preferences in the Myers-Briggs Type Indicator (MBTI), used to categorize personality types.