If we use the logistic regression model to analyze the performance data in Table 14.16 on page

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If we use the logistic regression model

to analyze the performance data in Table 14.16 on page 581, we find that the point estimates of the model parameters and their associated p-values ( given in parentheses) are b0 = €“ 43.37(. 001) and b1 .4897(. 001).
(1) Find a point estimate of the probability of success for a potential employee who scores a 93 on test 1.
(2) Using b1 = .4897, find a point estimate of the odds ratio for x1.
(3) Interpret this point estimate.

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Essentials Of Business Statistics

ISBN: 9780078020537

5th Edition

Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or

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