The response (outcome) variable is whether the customer defaulted on their debt. The

predictor is the average balance and gender (gender = 1 if male and 0 if female). The following

R output is the fitted logistic regression model.

Coefficients:

Estimate Std. Error z value Pr(>|z|)

(Intercept) -10.87 0.5170250 -21.03 balance 0.001744 0.0002494 6.99 genderM -0.631 0.1153 -5.47 ---

From the output, will a male customer with the average debt of $4000 default?

A - Cannot determine since each customer is different.

B - The customer is very unlikely to default.

C - The customer is very likely to default.

D - The customer will default.