If we use the logistic regression model to analyze the performance data in Table 14.16 on page
Question:
If we use the logistic regression model
to analyze the performance data in Table 14.16 on page 581, we find that the point estimates of the model parameters and their associated p-values ( given in parentheses) are b0 = €“ 43.37(. 001) and b1 .4897(. 001).
(1) Find a point estimate of the probability of success for a potential employee who scores a 93 on test 1.
(2) Using b1 = .4897, find a point estimate of the odds ratio for x1.
(3) Interpret this point estimate.
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p(x) 1+ el+)
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1 p 93 e 0 1 x 1e 0 1 x e 43370489793 1 e 433704...View the full answer
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Related Book For
Essentials Of Business Statistics
ISBN: 9780078020537
5th Edition
Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or
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