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SCENARIO 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 and whether the TOEFL criterion is at least 90 (Toefl90 = 1 if yes, 0 otherwise.) The dependent variable, Y, is school type (Type = 1 if private and 0 otherwise) .There are 80 universities in the sample. The PHStat output is given below:
-Referring to Scenario 14-18, which of the following is the correct interpretation for the Toefl90 slope coefficient?
Total Assets
The sum of all current and non-current assets owned by a company, representing its total economic resources.
Gain On Disposal
A profit realized from the sale of a non-current asset, exceeding its carrying amount on the books.
Non-operating Section
A section of the income statement that reports revenue and expense resulting from secondary, non-core business activities.
Statement Of Income
A financial statement that shows a company's revenues, expenses, and net profit or loss over a specific period.
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