Question

1.An exclusive club is reviewing data on membership...

1.An exclusive club is reviewing data on membership attributes and wants be able to make assessments of new membership applications using the results of this review. The club has provided data on whether the membership was granted and two confidential attributes (Grant, x1, and x2).

a. Estimate and interpret the appropriate linear probability model.

b. Estimate and interpret the appropriate logistic regression model.

c.Comment on the p-values for both models.

d.Compute the accuracy rates of both models.

e.Use the preferred model to predict the probability of granting a membership for Applicant 420 with the following attribute values: x1 is 2.5 and x2 is 980? What about Applicant 2112 with the following attribute values: x1 is 4.5 and x2 is 1600?

Data set is listed below, unable to upload Excel sheet!