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

Cost accounting, what is the relationship of cost accounting to financial a...

what is the relationship of cost accounting to financial and management accounting?

Differance between categorical and dependent variable, Choose a topic that ...

Choose a topic that interests you that you can explore either with the 2006 GSS. You should have one primary "dependent" variable that you are interested in (Y). This variable shou

Accounting standards in united states, United States: There are currently ...

United States: There are currently more than 10000 companies that are registered with the SEC (Securities Exchange Commission). Of these, around 1000 are non US companies. The non

Define payroll withholdings, Define Payroll Withholdings The U. S. earn...

Define Payroll Withholdings The U. S. earnings tax system-as well as most condition earnings tax systems-requires business employers to hold paycheck taxation from their staff'

estimate the mean chloride concentratio, An article in the Journal of Env...

An article in the Journal of Environmental Engineering (Vol. 115, No. 3,1989, pp. 608-619) reported the results of a study on the occurrence of sodium and chloride in surface str

Tootsie roll industries, I am in need of your help again. First and foremo...

I am in need of your help again. First and foremost, I thought I had created an account, but none could be found. In any event here is my assignment. Should you decide that you

Post-retirement health insurance, Post-retirement health insurance Some...

Post-retirement health insurance Some companies continue to provide insurance policy to workers after they have on. This one person benefit is considered to be part of the sett

Quota sampling, what the advantages of quota sampling

what the advantages of quota sampling

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