Solved

SCENARIO 17-11
a Logistic Regression Model Was Estimated in Order Y=27.118+0.015Y = - 27.118 + 0.015

Question 288

Short Answer

SCENARIO 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).
The Minitab output is given below:  SCENARIO 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). The Minitab output is given below:   -Referring to Scenario 17-11, which of the following is the correct expression for the estimated model? a)  Y = - 27.118 + 0.015  SAT  - 0.390  Toefl  550 + 2.078  Room / Brd b)  \hat { Y } = - 27.118 + 0.015 \mathrm { SAT } - 0.390  Toefl550  + 2.078 \mathrm { Room } / \mathrm { Brd }  c)  \ln (  odds ratio  ) = - 27.118 + 0.015  SAT  - 0.390  Toefl  550 + 2.078 \mathrm { Room } / \mathrm { Brd }  d)  \ln (  estimated odds ratio  ) = - 27.118 + 0.015  SAT  - 0.390  Toefl  550 + 2.078 \mathrm { Room } / \mathrm { Brd }
-Referring to Scenario 17-11, which of the following is the correct expression for the estimated model? a) Y=27.118+0.015Y = - 27.118 + 0.015 SAT 0.390- 0.390 Toefl 550+2.078550 + 2.078 Room / Brd
b) Y^=27.118+0.015SAT0.390\hat { Y } = - 27.118 + 0.015 \mathrm { SAT } - 0.390 Toefl550 +2.078Room/Brd+ 2.078 \mathrm { Room } / \mathrm { Brd }
c) ln(\ln ( odds ratio )=27.118+0.015) = - 27.118 + 0.015 SAT 0.390- 0.390 Toefl 550+2.078Room/Brd550 + 2.078 \mathrm { Room } / \mathrm { Brd }
d) ln(\ln ( estimated odds ratio )=27.118+0.015) = - 27.118 + 0.015 SAT 0.390- 0.390 Toefl 550+2.078Room/Brd550 + 2.078 \mathrm { Room } / \mathrm { Brd }

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents