Exam 20: Logistic Regression

A researcher is interested in predicting whether a company might attempt to buy out a competitor (score = 1) or not (score = 0), using market share (%) as an independent variable. She establishes that the value of 'exp(B)' is 2.56. How should she interpret this?

The same friend has produced another list. Which of the following is true about logistic regression?

Which of the following is not a research question that should be investigated with logistic regression?

In logistic regression, the values of the parameters are estimated using?

A marketing consultant would like to analyse whether an advertisement is recalled or not by a group of consumers, predicted by the number of hours of television they watch. He has received various pieces of advice from colleagues. Which should he listen to?

In logistic regression, the dependent variable is called a logit, which is?

The odds of an event are?

In the above example, the mean is also equal to?

Which of the following statements is not true about the Wald statistic?

How would you request a logistic regression analysis in SPSS?

Large log-likelihood values do not show or represent?

Logistic regression is used when you want to?

You have a dependent variable with three categories - low, medium and high emotion advertising. What is an alternative to logistic regression in this instance?

You are proofreading a new business statistics book for a close friend. He lists the following as functions of logistic regression, but you suspect one is not accurate. Which?

Very high standard errors in parameter estimates in logistic regression suggest evidence of?

To predict a person's occupation by their income, lawyers are coded as 0 and accountants as 1. If there are 100 cases and 40 are accountants, what is the mean of the variable?

The odds ratio is?