A Medical Researcher Is Interested in Assessing the Probability of Some

question 65

Multiple Choice

A medical researcher is interested in assessing the probability of some symptoms of coronary heart disease (CHD) being present at a given age. For this reason, he uses the following data collected on 100 individuals. The response variable is CHD which is 1 if coronary heart disease is present and 0 otherwise. The following linear probability model and logit model have been estimated: Linear probability: = - 0.53796 + 0.02181Age
Logit: = Using the linear probability model, what is the estimated probability of coronary heart disease for a 60-year-old individual?

• A) 0.5437
• B) 0.2231
• C) 0.7706
• D) 0.7946

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Definitions:

Cooperatives

Organizations owned and operated by a group of individuals for their mutual benefit, where profits and decision-making are shared among members.

Incorporated

A business that has been formed into a legal corporation, providing its owners with limited liability.

Limited Liability Company (LLC)

An unincorporated business that is taxed like a partnership, with the members paying personal income taxes, and has the limited liability of a corporation.

Unincorporated

Referring to entities or businesses that have not formed or been recognized as a corporation under law.