Question
1.The board of directors of a professional association conducted a random sample survey of 30 members to assess the effects of several possible changes in
1.The board of directors of a professional association conducted a random sample survey of 30 members to assess the effects of several possible changes in membership dues. The predictor Xi denotes, in dollars, the change in annual dues from the previous year posited in the survey interview to the i-th subject. So, for example, if Xi = 10, then the board is proposing a $10 increase in dues, and if Xi = 0, then there is no change. The response is binary with Yi = 1 if the interviewee indicated that the membership would NOT be renewed at that amount of change in dues and Yi = 0 if the membership would be renewed. The output for tting the logistic regression model is given below. Use this to answer the following questions.
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