A Medical Researcher Is Interested in Assessing the Probability of Some

question 61

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. Thus,the variable under study is CHD that assumes a value of 1 if coronary heart disease is present,and a value of 0 otherwise.Using Excel and Minitab,the following linear and logistics regression equations have been estimated: Linear Regression: = - 0.53796 + 0.02181Age
Logistic Regression: Using the logistic equation,find the age of a person for which the estimated chances of having coronary heart disease are 50%?

• A) 47.8 years old
• B) 56.3 years old
• C) 45.5 years old
• D) 47.6 years old

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Definitions:

Acceleration Clause

A contract provision that allows a lender to require a borrower to repay all of an outstanding loan if certain agreed upon conditions are not met.

Market Value

The price at which an asset would trade in a competitive auction setting, reflecting what a willing buyer would pay a willing seller.

Mortgage

A loan in which property or real estate is used as collateral. The borrower agrees to pay back the loan, with interest, over a set period of time.

Co-Sureties

Multiple parties who join together to provide surety or a guarantee for the performance or obligations of another.