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:

Phenylalanine

An essential amino acid that is a precursor to neurotransmitters such as dopamine, norepinephrine, and epinephrine.

Aspartame

An artificial sweetener used as a sugar substitute in many foods and beverages, composed of aspartic acid and phenylalanine.

Short Tandem Repeat

A sequence in the DNA consisting of multiple copies of a specific short nucleotide sequence.

Fluorescent Labeling

A technique used in biological research to mark molecules in cells or tissues with fluorescent dyes.