Thirty shipments by TransAtlantic Express designed to predict the likelihood a shipment would reach its port of
Question:
Thirty shipments by TransAtlantic Express designed to predict the likelihood a shipment would reach its port of destination on time yields the following information:
a. What is the likelihood a 500-ton shipment destined for a port 2,000 miles away will reach port on time?
b. Given the results seen here, calculate and interpret the −2 loglikelihood for the restricted model.
Estimation terminated at iteration number 5 because parameter estimates changed by less than .001.
c. Complete the classification table. Twelve of the 30 shipments did not arrive in a timely manner (were encoded as a “0”). Comment on its findings.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
Question Posted: