Logistic regression model, Basic Statistics

Assignment Help:

Model 1:  Let's consider the logistic regression model, which we will refer to as Model 1, given by

log(pi / [1-pi]) = 0.25 + 0.32*X1 + 0.70*X2 + 0.50*X3                         (M1),

Where X3 is an indicator variable with X3=0 if the observation is from Group A and X3=1 if the observation is from Group B.  The likelihood value for this fitted model on 100 observations is 850.

(1)     For X1=2 and X2=1 compute the log-odds ratio for each group, i.e. X3=0 and X3=1.

(2)     For X1=2 and X2=1 compute the odds ratio for each group, i.e. X3=0 and X3=1.

(3)     For X1=2 and X2=1 compute the probability of an event for each group, i.e. X3=0 and X3=1.

(4)    Using the equation for M1, compute the relative odds associated with X3, i.e. the relative odds ratio of Group B compared to Group A.

(5)    Use the odds ratios for each group to compute the relative odds of Group B to Group A.   How does this number compare to the result in Question #4.  Does this make sense?

Model 2:  Now let's consider an alternate logistic regression model, which we will refer to as Model 2, given by

log(pi / [1-pi]) = 0.25 + 0.32*X1 + 0.70*X2 + 0.50*X3 + 0.1*X4       (M2),

Where X3 is an indicator variable with X3=0 if the observation is from Group A and X3=1 if the observation is from Group B.  The likelihood value from fitting this model to the same 100 observations as M1 is 910.

(6) Use the G statistic to perform a likelihood ratio test of nested models for M1 and M2.  State the hypothesis that is being tested, compute the test statistic, and test the statistical significance using a critical value for alpha=0.05 From these results should we prefer M1 or M2?


Related Discussions:- Logistic regression model

Mean and standard deviation, We have two applicants who are applying for a ...

We have two applicants who are applying for a job. They both took the high school exit exam, but different ones. Shannon took the ACT and scored 26, Frank took the SAT scored 1350.

Normal distribution, For a normal distribution why do we calculate the prob...

For a normal distribution why do we calculate the probability of a range of numbers instead of the probability of a single number?

Type of correlation, Which type of correlation would be appropriate to calc...

Which type of correlation would be appropriate to calculate for the each of the following sets of data? A.   Correlating gender and year in college (freshman, sophomore, junior,

Explain public budget, Explain public budget A plan of financial process ...

Explain public budget A plan of financial process embodying an estimate of proposed expenditures and any other expenditure for a given era of time and the proposed means of finan

DATA MINING, please break this problem down to laymen term so that I unders...

please break this problem down to laymen term so that I understand how you arrived at the answer. 1. AllElectronics caries 1000 products, P1, … P1000. Consider customers Ada, Bob,

Women tend to work out together, You notice at the gym that it appears more...

You notice at the gym that it appears more women tend to work out together, while more men tend to work out alone.  To show whether this difference is significant, you collect data

What is owner’s equity, What is owner’s equity? Owner’s value is on...

What is owner’s equity? Owner’s value is one of the three primary elements of a single proprietorship’s stability piece and bookkeeping situation. Owner’s value symbolizes

Assingment, who we complete accounting cycile

who we complete accounting cycile

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd