Question: The printer cartridge manufacturer with the data shown in Table 13.3 has used historical data to estimate the coefficients in the model in Equation 13.11
The printer cartridge manufacturer with the data shown in Table 13.3 has used historical data to estimate the coefficients in the model in Equation 13.11 and has come up with the model ρ(p, x) = a + bPRICE + cGRADES + dGRADEG + eSIZE
+ f NEW + gRET + hGOV + iBUSLEVEL. What win probability would this model predict for each of the bids in Table 13.3
TABLE 13.5 Model predictions and actual bid outcomes for telecommunication problem Predicted win rate Number Model 1 Model 2 Win? 1 .3 2539438660 685723767 23456789 10 10 .6 .2 .5 .5 .3 .7 .9 .7 .8 1 .8 .6 1 .7 .6 .4 .8 1 0 TRTICOLIOL 0 1 1
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