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

question 264

Short Answer

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 p-value of the test statistic when testing whether Toefl500 makes a significant contribution to the model in the presence of the other independent variables?

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Definitions:

Homeopathic

A system of alternative medicine based on the principle that like cures like, using highly diluted substances that cause, in healthy people, symptoms similar to those being treated.

Nonreplicable

Characteristic of a study or finding that cannot be consistently reproduced or achieved in subsequent tests or experiments.

Operational Definition

A clear, precise, and measurable definition of a variable or concept under investigation, ensuring that it can be empirically tested.

Measure

An action taken to quantitatively assess or determine the extent, dimensions, quantity, or capacity of something.