We perform a logistic regression to predict if the whether the users of a magazine renew...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
We perform a logistic regression to predict if the whether the users of a magazine renew or not their subscription using the variables gender and the number of pages read in the last month. . . Renew: 1 if the customer renew the subscription, 0 if not. Gender: 1 if woman, 0 if man Pages: the average number of pages read per week. We perform a logistic regression to predict if the whether the users of a magazine renew or not their subscription using the variables gender and the number of pages read in the last month. . . Renew: 1 if the customer renew the subscription, 0 if not. Gender: 1 if woman, 0 if man Pages: the average number of pages read per week.
Expert Answer:
Answer rating: 100% (QA)
Why use logistic regression in this context Logistic regression is used when the dependent variable in this case whether users renew their magazine subscription or not is binary 1 or 0 and you want to ... View the full answer
Related Book For
Posted Date:
Students also viewed these general management questions
-
We (generally) reject the null hypothesis when the test statistic falls into the rejection region, but we do not accept the null hypothesis when the test statistic does not fall into the rejection...
-
Using the data in ncvs 2000.dat, fit a logistic regression model predicting whether a person is a victim of violent crime from age and sex. Is a quadratic term needed for age?
-
Using the data in ncvs 2000.dat, fit a logistic regression model predicting whether a person is a victim of violent crime from age and sex. Is a quadratic term needed for age? Discuss.
-
Shauna immigrated to Canada in her 30s and has worked full time earning above YMPE throughout. Now she is a few years from retirement and has found out that her monthly OAS at age 65 will be $520....
-
Review the audit report of Coca-Cola in Panel A of Exhibit 15.1. Obtain a copy of the audit report in the 2011 Annual Report of 3D Diagnostic Imaging plc, which is available at...
-
How can you put a \ backslash character in a string?
-
A reciprocating engine is installed on the first floor of a building, which can be modeled as a rigid rectangular plate resting on four elastic columns. The equivalent mass of the engine and the...
-
Assume that the following quote for Merck, a NYSE stock, appeared on August 1, 2012 (Tuesday) on Yahoo! Finance (finance.yahoo.com/q?s=MRK&ql=0): Given this information, answer the following...
-
P17.4) A capacitor with charges +Q and -Q has a plate separation of 3 millimeters. Take Q = 1 mC (10-3 C) and the area of the capacitor plates to be 100 cm. a) What is the capacitance of the...
-
Snow Corporation acquired all of the outstanding $10 par voting common stock of Lannister, Inc., on January 1, Year 2, in exchange for 50,000 shares of its $10 par voting common stock. On December...
-
What was the holding of Hawkins v. McGee, 84 N.H. 114 (1929)? In answering this question, you need to state the key legal principle that this case is known for and explain what it means. Then, using...
-
Find an article in any business publications such as the Wall Street Journal, Financial Times, Business Week, Bloomberg, ... that contains any predictive analytics techniques. Read the article and...
-
There are taxes and financial distress costs in the market. ABC Co. wants peform a recapitilization exercise by issuing some amount of debt. This amount of debt will be held permanantly. ABC will use...
-
The widespread use of data technology systems (e.g., machine learning, neural networks, and adaptive algorithms) in the banking industry has resulted in an increase of automated decision-making...
-
1.) You deposit $2500 into a retirement account at the age of 20, making an average of 2% annual return. How much will you have at the age of 65? 2.) You are trying to decide if you have enough money...
-
Covertible bonds generally carry lower coupon interest rates than do non convertibles bonds. if this is so, does it mean that the cost of capital on convertible bonds is lower than on non...
-
Question 16 of 40 A stakeholder is upset that a project is weeks behind schedule and confronts the project manager to ask whether the project should be canceled. According to the acronym NIECE, what...
-
If the annual fixed costs are 54,000 dinars, the occupation expense represents 20%, the contribution margin is 25%, and the unit selling price is 40 dinars. Required: Calculate the closing point of...
-
Suppose you are an economic adviser to the Chairman of the Federal Reserve Board (the Fed), and he asks you whether it is advisable to increase the money supply to bolster the economy. What factors...
-
The following table gives the joint PDF of random variables X and Y, where X = the first-year rate of return (%) expected from investment A, and Y = the first-year rate of return (%) expected from...
-
In a study of population density as a function of distance from the central business district, Maddala obtained the following regression results based on a sample of 39 census tracts in the Baltimore...
-
What is the pro forma statement, and how important is it for a business?
-
Briefly compare replacement value to liquidation value of an asset.
-
What do we mean by budgeting, and how would this process serve the firm?
Study smarter with the SolutionInn App