Short Answer
SCENARIO 18-11 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, the room and board expense measured in thousands of dollars (Room/Brd), and whether the TOEFL criterion is at least 550 (Toefl550 = 1 if yes, 0 otherwise.)The dependent variable, Y, is school type (Type = 1 if private and 0 otherwise). The Minitab output is given below:
-Referring to Scenario 18-11, what is the p-value of the test statistic when testing whether Toefl500 makes a significant contribution to the model in the presence of the other independent variables?
Correct Answer:

Verified
Correct Answer:
Verified
Q66: A powerful women's group has claimed that
Q100: An insurance company evaluates many variables about
Q126: SCENARIO 18-8<br>The superintendent of a school district
Q160: SCENARIO 18-8<br>The superintendent of a school district
Q164: SCENARIO 18-4<br>You decide to predict gasoline prices
Q202: A wheel spinning game is played with
Q225: SCENARIO 18-9<br>What are the factors that determine
Q260: SCENARIO 18-10 Given below are results from
Q265: SCENARIO 18-12 The marketing manager for a
Q306: A physician and president of a Tampa