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

question 245

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, there is not enough evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.

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Definitions:

Talk Too Much

The act of speaking excessively or beyond what is necessary, often without considering the listener's interest or patience.

Critical Thinking

The objective analysis and evaluation of an issue or situation in order to form a judgment.

Cultural Awareness

Understanding and being sensitive to different cultural practices, beliefs, and values.

Expressing Empathy

The act of understanding, being aware of, and vicariously experiencing the feelings, thoughts, and experience of another.