Question: A catalog company builds a logistic regression ( LR ) model to predict the probability that a customer will buy from the catalog during a

A catalog company builds a logistic regression (LR) model to predict the probability that a customer will buy from the catalog during a particular campaign (mailing). The LR model contains 2 independent variables: X1= spend per year in 1000's of dollars (so $2000 will be coded as X1=2) and X2= does customer possess a loyalty card (X2=1 means customer has loyalty card, X2=0 means customer does not have the card). Once the model is fitted, the LR coefficients are provided below:
Constant term (BETA0): -2.5(negative 2.5)
X1 coeff. (BETA1): 0.6
X2 coeff.(BETA2): 1.7
What is the ODDS Ratio for variable X2?
Group of answer choices
0.63
1.7
3.4
5.47

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