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

question 94

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 SAT makes a significant contribution to the model in the presence of the other independent variables?

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Definitions:

Left Hemisphere

The half of the brain that typically controls logical thinking, analysis, and language functions in most people.

Language Function

The purpose served by spoken or written communication, including informing, persuading, questioning, or socializing.

Simultaneously Monitor

To observe or check multiple inputs, conditions, or systems at the same time, often requiring divided attention or multitasking capability.

Dual Processing

The principle that information is often simultaneously processed on separate conscious and unconscious tracks.