13.50 Income and credit cards Example 12 used logistic regression to estimate the probability of having a

Question:

13.50 Income and credit cards Example 12 used logistic regression to estimate the probability of having a travel credit card when x = annual income (in thousands of euros).

Show that the estimated probability of having a travel credit card at the income level of €35,000 equals 0.54.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics The Art And Science Of Learning From Data

ISBN: 9781292164878

4th Global Edition

Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg

Question Posted: