SCENARIO 14-18 a Logistic Regression Model Was Estimated in Order

question 258

Short Answer

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, what is the estimated odds ratio for a school with a mean SAT score of 1100 and a TOEFL criterion that is not at least 90?

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Definitions:

Bargaining Power

The capacity of one party in a negotiation to influence the terms in their favor due to their position or resources.

Strike Activity

Refers to the actions taken by workers, typically organized by labor unions, to cease work in order to protest for better wages, working conditions, or other labor-related issues.

Permanent Strike Replacements

Workers hired to permanently take the positions of striking workers, a tactic sometimes used by employers during labor disputes.

Lockout

An action taken by employers to prevent employees from entering the workplace, typically during a labor dispute to pressurize the labor side.