If we use the logistic regression model to analyze the performance data in Table 15.5, we find
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to analyze the performance data in Table 15.5, we find that the point estimates of the model parameters and their associated p-values (given in parentheses) are b0 = -43.37(.00l) and b1 = .4897(.00l). Find a point estimate of the probability of success for a potential employee who scores a 93 on test 1. Using bt = .4897, find a point estimate of the odds ratio for x1. Interpret this point estimate.
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Related Book For
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
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