The Higher the "Score" for a Particular Member in Logistic

question 7

Multiple Choice

The higher the "score" for a particular member in logistic regression,the:

• A) higher the likelihood that member is in category 1
• B) lower the likelihood that member is in category 1
• C) higher the likelihood that member is in category 0
• D) higher the likelihood that member is not in a category
• Amount Spent
• Female
• Credit Card
• 99
• 0
• 0
• 50
• 0
• 0
• 75
• 0
• 1
• 600
• 1
• 0
• 325
• 1
• 0
• 97
• 0
• 1
• 540
• 1
• 0
• 137
• 1
• 0
• 22
• 1
• 1
• 94
• 1
• 1
• 111
• 1
• 1

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Definitions:

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Consolidated Statement

A financial report that incorporates the assets, liabilities, equity, income, and cash flows of a parent company and its subsidiaries.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle.

Goodwill Impairment

Refers to the process of revising the value of goodwill downwards if the valuation of the acquired entity falls below the value recorded on the balance sheet.