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( 2 points ( : ( 2 * * 1 ) } One is interested to predict individuals with a certain balance to the class

(2 points (:(2**1)} One is interested to predict individuals with a certain balance to the class "default" or to "no default" by using logistic regression. We calculated the estimates hat()0=-10.4 and hat()1=0.007 for the true, but unknown parameters 0 and 1 in the logistic regression model, respectively. To which class would you assign individuals with balances x=$1,000 and x=$1,750, given that we conservatively assign individuals with balance x=x to the class "default" if P(x=x)0.2.
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