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The results below represent the logit regression on the probability of taking out a loan. Assume that the equation is statistically significant. Coefficients: What is
The results below represent the logit regression on the probability of taking out a loan. Assume that the equation is statistically significant. Coefficients: What is the effect of increasing CCAvg (credit card average balance in thousands of dollars) on the probability of taking out a loan? Direction not magnitude. Select one: a. Increases probability of taking out a loan b. Cannot be determined c. Decreases probability of taking out a loan The results below represent the logit regression on the probability of taking out a loan. Assume that the equation is statistically significant. Coefficients: What is the effect of increasing CCAvg (credit card average balance in thousands of dollars) on the probability of taking out a loan? Direction not magnitude. Select one: a. Increases probability of taking out a loan b. Cannot be determined c. Decreases probability of taking out a loan
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