Below are the predicted probabilities PRE_1 from a logistic regression model for 20 customers 1. How many
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Below are the predicted probabilities PRE_1 from a logistic regression model for 20 customers
1. How many customers would be predicted by the standard/default SPSS logistic regression procedure to make a purchase?
2. Assume you want to send a coupon to select customers and the break-even response rate is 0.35. How many customers will receive the offer?
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