TABLE 14-18
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 Table 14-18, the null hypothesis that the model is a good-fitting model cannot be rejected when allowing for a 5% probability of making a type I error.

Question

TABLE 14-18
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 Table 14-18, the null hypothesis that the model is a good-fitting model cannot be rejected when allowing for a 5% probability of making a type I error.

Quizplus · Accepted Answer

The p-value for the model is 0.108, which is greater than the usual significance level of 0.05. Therefore, we cannot reject the null hypothesis that the model is a good-fitting model at the 5% level of significance.

TABLE 14-18 A Logistic Regression Model Was Estimated in Order to Predict