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

question 55

Short Answer

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, what is the estimated probability that a school with an mean SAT score of 1100, a TOEFL criterion that is not at least 550, and the room and board expense of 7 thousand dollars will be a private school?

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Definitions:

Alcoholic

A person with an addiction to alcohol characterized by compulsive and uncontrolled consumption of alcoholic beverages despite negative effects on their health, social life, and personal relationships.

Harm Reduction

Harm reduction is a set of practical strategies and ideas aimed at minimizing negative health, social, and legal impacts associated with various human behaviors, both legal and illegal.

Predisposed

Having a tendency or inclination towards a particular condition, behavior, or attitude, often due to genetic or environmental factors.

Alcoholism

A long-lasting illness defined by an inability to control alcohol intake and a constant obsession with alcohol.