a. The Salmons file contains data of 1000 customers, three variables are tracked: last year’s total spending at Salmons ($1000), whether they have a Salmons store credit card, and the whether they used the promotional coupon.

Where x1=total spending at Salmons

x2= 1 if the customer has Salmons credit card 0 Otherwise 

y= 1 if the customer uses the coupon0 Otherwise 

Using XLSolver:

1. What is the logistic regression model using Spending ($1000) and Card as input variables and the Coupon as the output variable?
2. What is the predicted probability of using the coupon by the customer who spends $2500 annually and does have a Salmons store credit card?
3. What is the predicted probability of using the coupon by the customer who spends $2500 annually and does not have a Salmons store credit card?

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Transcribed Image Text:

X1 total spending at Salmons X1 total spending at Salmons

Answer rating: 100% (QA)

Answer The data set is very small to divide data in training testing and validation so have only div... View the full answer