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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?
Municipal Public Drinking
Refers to the provision and management of safe drinking water facilities and services by local government authorities.
Maximum Levels of Pollutants
The highest permissible amount of specific pollutants that can be present in an environment as regulated by laws or standards.
Antitrust Legislation
Laws that are designed to protect trade and commerce from unfair practices, such as monopolies or cartels.
Lower Prices
A decrease in the cost at which goods or services are sold, enhancing affordability.
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