TABLE 17-11
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) .
-Referring to Table 17-11,which of the following is the correct interpretation for the SAT slope coefficient?
A) Holding constant the effect of the other variables,the estimated mean value of school type increases by 0.015 for each increase of one point in average SAT score.
B) Holding constant the effect of the other variables,the estimated school type increases by 0.015 for each increase of one point in average SAT score.
C) Holding constant the effect of the other variables,the estimated probability of the school being a private school increases by 0.015 for each increase of one point in mean SAT score.
D) Holding constant the effect of the other variables,the estimated natural logarithm of the odds ratio of the school being a private school increases by 0.015 for each increase of one point in mean SAT score.
Correct Answer:
Verified
Q259: TABLE 17-10
Given below are results from the
Q260: TABLE 17-10
Given below are results from the
Q261: TABLE 17-11
A logistic regression model was estimated
Q262: TABLE 17-11
A logistic regression model was estimated
Q263: TABLE 17-12
The marketing manager for a nationally
Q265: TABLE 17-11
A logistic regression model was estimated
Q266: TABLE 17-11
A logistic regression model was estimated
Q267: TABLE 17-11
A logistic regression model was estimated
Q268: TABLE 17-11
A logistic regression model was estimated
Q269: TABLE 17-11
A logistic regression model was estimated
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