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

Statement, prof. ya-lu-chan definitions statistices

prof. ya-lu-chan definitions statistices

Financial accounting, when the closing inventory is understated, the profit...

when the closing inventory is understated, the profit for the period will

Calculate exactly correct percentage, Study A                              ...

Study A                              Study B r = .64                          r = .77 df = 18                         df = 121 p 1. In using the data from study A to m

What is a valuation account, What is a valuation account? In accounting...

What is a valuation account? In accounting, an assessment consideration is usually a stability sheet consideration that is used in combination with another stability sheet cons

Force, The 70-m microwave transmission tower

The 70-m microwave transmission tower

Determine the probability - baye theorem, In a suburban community, 30% of t...

In a suburban community, 30% of the households use Brand A toothpaste, 27% use Brand B, 25% use Brand C, and 18% use Brand D. In the four groups of households, the proportions of r

Statsgraphic , need to define one statistic and calculate value

need to define one statistic and calculate value

develop simulation model-compute average amount, Bob Smith recently comple...

Bob Smith recently completed his MBA and accepted a job with a computer company. To ensure that his retirement is comfortable, he intends to invest $3,000 of his salary into a tax

find the return period of critical event, A drainage system overows into a...

A drainage system overows into a river causing pollution when the rainfall falling in an hour exceeds 50 mm. During any given year, the maximum hourly rainfall follows an exponenti

Define Accrued liabilities , Obligations showing the responsibility to pay ...

Obligations showing the responsibility to pay for solutions or products that have been suffered or obtained but not compensated for by the end of the sales interval.

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