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, what is the estimated probability that a school with an mean SAT
score of 1250, a TOEFL criterion that is at least 550, and the room and board expense of 5
thousand dollars will be a private school?
Correct Answer:
Verified
Q288: SCENARIO 17-11
A logistic regression model was
Q289: SCENARIO 17-11
A logistic regression model was estimated
Q290: SCENARIO 17-11
A logistic regression model was estimated
Q291: SCENARIO 17-11
A logistic regression model was estimated
Q292: SCENARIO 17-12
The marketing manager for a nationally
Q294: SCENARIO 17-10 Given below are results
Q295: SCENARIO 17-11
A logistic regression model was estimated
Q296: SCENARIO 17-12
The marketing manager for a
Q297: SCENARIO 17-11
A logistic regression model was estimated
Q298: SCENARIO 17-11
A logistic regression model was estimated
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