Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.True or False: The linear model used in Multiple Regression appears as the exponent in the predicted probability equation of Logistic Regression. 2.If your outcome

1.True or False: The linear model used in Multiple Regression appears as the exponent in the predicted probability equation of Logistic Regression.

2.If your outcome is a continuous numerical variable, should you use linear or logistic regression?

3.I conducted a simple logistic regression to predict whether someone would buy a car based solely on whether or not they had previously owned the same make of vehicle. It turns out that it is a significant predictor. The odds ratio was 3.5. Which of the following statements is true?

A.The likelihood that you will purchase a given make of vehicle is 3.5 times higher if you've previously owned that make.

B.The odds of you buying a given make of vehicle is 35% higher if you previously owned that make of vehicle.

C.This odds ratio was miscalculated, that is an impossible value.

D.You are 2.5 times more likely to buy a certain make of vehicle if you've previously owned one.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Discrete Mathematics With Applications

Authors: Susanna S Epp

5th Edition

0357035283, 9780357035283

More Books

Students also viewed these Mathematics questions

Question

Determine miller indices of plane X z 2/3 90% a/3

Answered: 1 week ago

Question

Engage everyone in the dialogue

Answered: 1 week ago