Shown below is Minitab output from a logistic regression attempt to predict if a family is from
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Shown below is Minitab output from a logistic regression attempt to predict if a family is from outside a metro area by annual food spending by household. Families residing in metro regions are coded as 0 and those residing outside metro regions as 1. Study the output. What is the model? Comment on the strength of the predictor. Thinking about households and metro areas, does the model make sense to you? Use the model to estimate the probability that a household is from outside a metro area if its annual food spending is $12,000.
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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