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Logistic Regression - Homework Assignment Please analyze the following problems in JMP and answer the questions below. 1. Suppose the following sample data reflect shipments
Logistic Regression - Homework Assignment Please analyze the following problems in JMP and answer the questions below. 1. Suppose the following sample data reflect shipments received by a large firm from three different vendors: Defective # Acceptable Vendor Parts Parts 1 14 212 2 10 70 3 23 150 What are the odds ratio for Acceptable parts for Vendor 1, Vendor 2, and Vendor 3? In other words, for Vendor 1, 2, and 3, how many parts are Defective for every Acceptable part? Which Vendor has the worst Defective-to-Acceptable ratio?Odds Ratio The odds ratio is the ratio of the probability that something will happen to the probability that it will nothappen. Let R = the odds ratio Letz=u+f31X TI Odds Ratio = R: log[1 n] = BD+31X Odds Ratio For example, if IT = 2/5 then the odds ratio is R = 2/5 + (1 - 2/5) = .4 + .6 = 2/3. We say that the odds are 2 to 3 (2 : 3). InR = -0.40547 if IT = 5/8 then the odds ratio is R = 5/8 + 3/8 = 5/3 = 1.667. We say that the odds are 5 to 3 (5 : 3). InR = 0.51083
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