Examlex

Solved

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: 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?
-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?


Definitions:

ADA

Refers to the Americans with Disabilities Act, a civil rights law that prohibits discrimination based on disability.

Conditional Offer

An offer of admission to a program or position contingent upon the recipient meeting specific requirements before full acceptance.

Employee Orientation

The process of helping new employees become familiar with an organization, their job, and the people they will work with.

New Employees

Individuals who have recently been hired to join a company or organization, often undergoing orientation and training.

Related Questions