Question: You are working as a manager at a big financial institution and it is your responsibility to get more people to use the credit cards
You are working as a manager at a big financial institution and it is your responsibility to get more people to use the credit cards and in doing so upgrade to a premium service that charges an annual fee. With this in mind you conducted a test of your customer base and have a sample of 30 card holders data.
Request an odds ratio and explain in detail what this means? Make a recommendation to the company based on this analysis.
Note to tutor: I have performed the Odds Ratio in SAS already. I just need help interpreting it.
| Odds Ratio Estimates and Profile-Likelihood Confidence Intervals | |||
|---|---|---|---|
| Unit | Estimate | 95% Confidence Limits | |
| 1.0000 | 16.027 | 1.928 | 277.031 |
| 1.0000 | 1.150 | 1.029 | 1.360 |
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