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

question 10

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 p-value of the test statistic when testing whether the model is a good-fitting model?

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Definitions:

Retinal Disparity

Retinal disparity refers to the slight difference in the visual images that reach each eye, which is then processed by the brain to perceive depth, forming the basis of stereopsis.

Different Images

Visual representations that are not identical, showcasing variations in appearance, perspective, or content.

Necker Cube

An optical illusion of a wireframe cube that can be perceived from different perspectives.

Top-Down Processing

A cognitive process that initiates with our thoughts, which flow down to lower-level functions such as the senses; relying heavily on previous experience and expectations in perception.