Exam 9: Logistic Regression

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Switchover points and full effects can be especially valuable interpretive tools in comparing marginal effects at representative values.

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The probability of an event can be expressed as a percentage between 0 and ______.

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D

The natural log of a correct guess is called the ______ in logistic regression.

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A number that summarizes how well a model's predictions fit the observed data is called an estimator.

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To use logistic regression with a categorical dependent variable, at least one independent variable must be measured at the ______ level.

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Marginal effects at the means and marginal effects at representative values are not mutually exclusive strategies for analyzing probabilities.

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MERs stands for ______ effects at representative values.

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Logistic regression works well with multiple independent variables regardless of the level of measurement.

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The ______ of an event is equal to the number of times it occurs divided by the total number of chances for it to occur.

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A natural logarithm is approximately equal to ______.

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______ expresses a number as an exponent of some constant or base.

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The relationship between the odds at one value of the independent variable compared with the odds at the next lower value of the independent variable is called the ______.

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The marginal effects at the medium approach is useful when more than one independent variable is measured at the interval-level and researches want to convey the effect of one interval-level independent variable on the probability of the outcome, while other interval-level independent variables are help constant at their mean values.

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Which of the following tells the researcher how completely the independent variable explains the dependent variable.

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If there is a .10 probability of an event happening, there is a .90 chance of the event not happening and the odds of the event are ______.

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The likelihood function can take on any value between 0 and 100.

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The ______ of an outcome are a ratio of the number of expected occurrences to the number of occurrences of other outcome(s).

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Logistic regression estimates the ______ effects at the means when using more than one independent variable.

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Both OLS and logistic regression are flexible in that they permit the use of multiple independent variables, including dummy independent variables.

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Maximum likelihood estimation (MLE) is the heart and soul of logistic regression.

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