Question: i need some help with the following statistics question... see picture A bank nds that the estimated proportion of clients defaulting on a loam given

i need some help with the following statistics question... see picture

A bank nds that the estimated proportion of clients defaulting on a loam given the interest rate is below 15%, is 0.34. They also nd that the estimated proportion of clients defaulting on a loam given the interest is greater than or equal to 15%, is 0.52. a) What is the odds ratio of defaulting given the interest rate is greater than or equal to 15% relative to the interest rate is lower than 15%? Interpret this odds ratio. b) If we were to analyze this data using the following logistic regression model, what are the estimates of .80 and [91? Show your work. p 103 (a) 2 30 + 13136 Where p is the probability of defaulting on a loan and X is an indicator variable that is 1 when the interest rate is greater than or equal to 15% and 0 when the interest rate is less than 15%. n__.._4:.._ E In .__:_:.-\\

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