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SCENARIO 18-11 a Logistic Regression Model Was Estimated in Order

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SCENARIO 18-11 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, the room and board expense measured in thousands of dollars (Room/Brd), and whether the TOEFL criterion is at least 550 (Toefl550 = 1 if yes, 0 otherwise.)The dependent variable, Y, is school type (Type = 1 if private and 0 otherwise). The Minitab output is given below: SCENARIO 18-11 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, the room and board expense measured in thousands of dollars (Room/Brd), and whether the TOEFL criterion is at least 550 (Toefl550 = 1 if yes, 0 otherwise.)The dependent variable, Y, is school type (Type = 1 if private and 0 otherwise). The Minitab output is given below:   -Referring to Scenario 18-11, what is the estimated probability that a school with a mean SAT score of 1100, a TOEFL criterion that is not at least 550, and the room and board expense of 7 thousand dollars will be a private school?
-Referring to Scenario 18-11, what is the estimated probability that a school with a mean SAT score of 1100, a TOEFL criterion that is not at least 550, and the room and board expense of 7 thousand dollars will be a private school?


Definitions:

Two Solitudes

A phrase often used to describe the situation of lack of communication and understanding between two different groups or cultures.

Canadians

People originating from Canada, a country in the northern part of North America.

Immigrants

Individuals who move from one country to another with the intention of settling permanently or for an extended period.

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural population, and bilingual French and English heritage.

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