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

question 130

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 SAT makes a significant contribution to the model in the presence of Toefl90?

---

Definitions:

Servant Leadership

A leadership philosophy which emphasizes the leader's primary role as serving the needs of their team members, stakeholders, and the community.

Team Definition

The process of identifying the purpose, roles, and responsibilities of a team to ensure clarity and effectiveness in achieving collective goals.

Evolve

To develop or change gradually over time, often in response to environmental pressures or challenges.

Requisite Variety

A principle in systems theory that states a system or organization must have a diversity and complexity of responses that matches the complexity of the environment it operates in.