SCENARIO 18-11 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 18-11, there is not enough evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.

Question

SCENARIO 18-11 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 18-11, there is not enough evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.

Quizplus · Accepted Answer

There is no information provided in the scenario to conduct a goodness-of-fit test. Therefore, we cannot conclude whether the model is a good-fitting model or not. The output does not provide any information on the goodness of fit of the model, therefore there is no evidence to conclude that the model is not a good-fitting model at a 0.05 level of significance.

SCENARIO 18-11 a Logistic Regression Model Was Estimated in Order