A paper company has about 50 paper mills distributed over 3 provinces. Each mill records specifiedfactors that contribute to its profitability. The company has classified the mills as Profitable and Non-Profitable. They recorded paper weight produced as an indicator of profitability. That is,X₁ = PAPER (weight in 10000 kilograms)Y = PROF (1 = profitable and 0 = not profitable)Y Profitable110It was found thatPaper21.50.8ît=exp(-2.94 + 0.098X₁)1 + exp(-2.94 +0.098X₁)1. Give the fitted logistic response function.2. Give the fitted logit response function3. Show thatftloge € (₁^²) = = -2.94 + 0.098X₁4. Give the odds to be used of this logistic regression for X₁ = 0.7. Explain your result.5. What is the estimated probability that a mill be profitable if it produces 7 000 kilograms of paper?7. Interpret the regression coefficients ofît=Also find the odds ratio for b₁.exp(-2.94 + 0.098X₁)1 + exp(-2.94 +0.098X₁)

A paper company has about 50 paper mills distributed over 3 provinces. Each mill records specified factors that contribute to its profitability. The company has classified the mills as Profitable and Non- Profitable. They recorded paper weight produced as an indicator of profitability. That is, X₁ = PAPER (weight in 10000 kilograms) Y = PROF (1 = profitable and 0 = not profitable) Y Profitable 1 1 Paper 2 1.5

A paper company has about 50 paper mills distributed over 3 provinces. Each mill records specified factors that contribute to its profitability. The company has classified the mills as Profitable and Non- Profitable. They recorded paper weight produced as an indicator of profitability. That is, X₁ = PAPER (weight in 10000 kilograms) Y = PROF (1 = profitable and 0 = not profitable) Y Profitable 1 1 Paper 2 1.5

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter87: An Introduction To G- And M-codes For Cnc Programming

Section: Chapter Questions

Problem 8A: What does a G01 tell a machine to perform?

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