Question 1. Suppose that you run four restaurants. Let A be 0 and 1 for am and pm. Let B1, B2, B3 for dummy variables corresponding to restaurants labelled 1,2, and 3 respectively. Let Y be 0 if no complaint is received and 1 otherwise. (a) [10 marks] Consider the logistic regression model logit [P(Y - 1)] = -0.2-0.9A-1.3B₁-0.6B2-1.2B3 + 1.3AB₁ +0.7AB₂+ 0.3AB3 Find the probability P(Y = 1) for each of the following cases. P(Y-1) am pm Restaurant 1 Restaurant 2 Restaurant 3 Restaurant 4 (b) [10 marks] Consider the logistic regression model logit[P(Y=1)]=-0.2-0.94-1.3B₁-0.6B2-1.2B3 Find the probability P(Y - 1) for each of the following cases. P(Y-1) am pm Restaurant 1 Restaurant 2 Restaurant 3 Restaurant 4

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 3TI: Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to...
icon
Related questions
Question
Question 1. Suppose that you run four restaurants. Let A be 0 and 1 for am and pm.
Let B1, B2, B3 for dummy variables corresponding to restaurants labelled 1,2, and 3
respectively. Let Y be 0 if no complaint is received and 1 otherwise.
(a) [10 marks] Consider the logistic regression model
logit [P(Y - 1)] =
-0.2-0.9A-1.3B₁-0.6B2-1.2B3 + 1.3AB₁ +0.7AB₂+ 0.3AB3
Find the probability P(Y = 1) for each of the following cases.
P(Y-1)
am
pm
Restaurant 1
Restaurant 2 Restaurant 3
Restaurant 4
(b) [10 marks] Consider the logistic regression model
logit[P(Y=1)]=-0.2-0.94-1.3B₁-0.6B2-1.2B3
Find the probability P(Y - 1) for each of the following cases.
P(Y-1)
am
pm
Restaurant 1 Restaurant 2 Restaurant 3
Restaurant 4
Transcribed Image Text:Question 1. Suppose that you run four restaurants. Let A be 0 and 1 for am and pm. Let B1, B2, B3 for dummy variables corresponding to restaurants labelled 1,2, and 3 respectively. Let Y be 0 if no complaint is received and 1 otherwise. (a) [10 marks] Consider the logistic regression model logit [P(Y - 1)] = -0.2-0.9A-1.3B₁-0.6B2-1.2B3 + 1.3AB₁ +0.7AB₂+ 0.3AB3 Find the probability P(Y = 1) for each of the following cases. P(Y-1) am pm Restaurant 1 Restaurant 2 Restaurant 3 Restaurant 4 (b) [10 marks] Consider the logistic regression model logit[P(Y=1)]=-0.2-0.94-1.3B₁-0.6B2-1.2B3 Find the probability P(Y - 1) for each of the following cases. P(Y-1) am pm Restaurant 1 Restaurant 2 Restaurant 3 Restaurant 4
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning