TABLE 14-11
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 average 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:
Logistic Regression Table
Log-Likelihood = -21.883
Test that all slopes are zero: G = 62.083, DF = 3, P-Value = 0.000
Goodness-of-Fit Tests
-Referring to Table 14-11, what is the p-value of the test statistic when testing whether SAT makes a significant contribution to the model in the presence of the other independent variables?
Correct Answer:
Verified
Q105: TABLE 14-8
A financial analyst wanted to examine
Q106: TABLE 14-17
The marketing manager
Q107:
Q108: TABLE 14-1
A manager of
Q109: To explain personal consumption (CONS) measured
Q111: TABLE 14-3
An economist is
Q112: TABLE 14-15
An automotive engineer would like
Q113: TABLE 14-16
The superintendent of
Q114: TABLE 14-2
A professor of
Q115: TABLE 14-7
The department head
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