If we use the logistic regression model to analyze the performance data in Table 15.5, we find

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If we use the logistic regression model
p(x)

to analyze the performance data in Table 15.5, we find that the point estimates of the model parameters and their associated p-values (given in parentheses) are b0 = -43.37(.00l) and b1 = .4897(.00l). Find a point estimate of the probability of success for a potential employee who scores a 93 on test 1. Using bt = .4897, find a point estimate of the odds ratio for x1. Interpret this point estimate.

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Business Statistics In Practice

ISBN: 9780073401836

6th Edition

Authors: Bruce Bowerman, Richard O'Connell

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