True/False
SCENARIO 14-18 A logistic regression model was estimated in order to predict the probability that a randomly chosen university or college would be a private university using information on mean total Scholastic Aptitude Test score (SAT)at the university or college and whether the TOEFL criterion is at least 90 (Toefl90 = 1 if yes, 0 otherwise.)The dependent variable, Y, is school type (Type = 1 if private and 0 otherwise).There are 80 universities in the sample. The PHStat output is given below:
-Referring to Scenario 14-18, the null hypothesis that the model is a good- fitting model cannot be rejected when allowing for a 5% probability of making a type I error.
Correct Answer:

Verified
Correct Answer:
Verified
Q47: SCENARIO 14-19 The marketing manager for a
Q48: SCENARIO 14-16 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2675/.jpg" alt="SCENARIO 14-16
Q48: SCENARIO 14-15 The superintendent of a school
Q52: SCENARIO 14-15 The superintendent of a school
Q54: SCENARIO 14-7 The department head of the
Q56: When an additional explanatory variable is introduced
Q72: SCENARIO 14-15 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2675/.jpg" alt="SCENARIO 14-15
Q88: SCENARIO 14-15<br>The superintendent of a school district
Q104: SCENARIO 14-6<br>One of the most common questions
Q187: SCENARIO 14-6<br>One of the most common questions