Question: Exercise 9 - 1 7 Algo The manager is concerned about the attrition rate at her gym. She would like to identify the profile of
Exercise Algo
The manager is concerned about the attrition rate at her gym. She would like to identify the profile of loyal members who retain the membership for at least one year. The accompanying data file contains information on whether the member has been loyal Loyal if the member stayed at the gym for at least one year, otherwise Also included are the members age and income in $ and whether heshe joined on a single or a family plan.
Click here for the Excel Data File
Estimate the logistic regression model using Loyal as the response variable and Age, Income, and Single equals if on a single plan, otherwise as the predictor variables.
Note: Negative values should be indicated by a minus sign. Round your answers to decimal places.
Predict the probability of being loyal for a and a yearold member with income of $ and on a single plan.
Note: Do not round intermediate calculations and round final answers to decimal places.
Predict the corresponding probabilities for a member on a family plan.
Note: Do not round intermediate calculations and round final answers to decimal places.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
