Examlex

Solved

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

question 306

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: 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 should be the decision ('reject' or 'do not reject')on the null hypothesis when testing whether Toefl500 makes a significant contribution to the model in the presence of the other independent variables at a 0.05 level of significance?
-Referring to Scenario 18-11, what should be the decision ('reject' or 'do not reject')on the null hypothesis when testing whether Toefl500 makes a significant contribution to the model in the presence of the other independent variables at a 0.05 level of significance?


Definitions:

Expert Testimony

Information or opinion provided by someone recognized as an authority in a specific field, often used in legal or legislative contexts.

Appeal To Pity

A fallacy in which someone tries to win support for an argument or idea by exploiting his or her opponent's feelings of pity or guilt.

Fair-Mindedness

The trait of being open to different ideas and opinions, and willing to consider the evidence for them fairly.

Professional Persona

The public image or identity that an individual presents in a professional context.

Related Questions