Below gi ves the data concerning the dependent variable Default to predict if a customer will default ornot based on the independent variables Price of Home (in thousands) and Purchase, which equals 1 ifthe customer has owned a home before and 0 if this is their first home. Find the Logit(125) when thepurchase price is 125 (in thousands) and this is their first house purchase. Give answer to 4 decimalplacesParameter EstimatesTermInterceptPrice of HomeFirst PurchaseEstimate-3.459260.709354.25943Chi Square5.095.696.34Prob>ChiSq0.02180,02010.0136

Given that, Dependent variable (Y) = default (1 = default , 0 = not default) Independent variable…

Answered: Below gives the data concerning the…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but notnecessarily corresponding exactly to the real value.[18]Develop a reasonable argument for why the termnominal rate is used to describe the annual percentagerate of an investment account that compoundsinterest.
Does Table 1 represent a linear function? If so, finda linear equation that models the data.
An online clothing company is keeping track of their customers purchases. Company also offers a credit card where customers get additional offers if they use that card when they make purchases from their online store. For those customers who has their credit card, the company has additional information such as age, yearly income, etc. The company management is interested in looking at the relationship between the income (in 1000s of dollars) and the total yearly purchases from their store for these credit card holders . They have gathered this information from a random sample of 42 credit card holders. Below provided is a partial MINITAB output for predicting the yearly purchases from the income. Identify the response and the predictor variable in this study. Write the equation of the least squares regression line for predicting the total yearly purchase from the income of the customer. What percentage of variation in total yearly purchase is explained by income of the customer?…
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A company forecasted demand of one of the product was 200 units in January 2020 with an increase of 10 over July month for the subsequent months up to October 2020. The Actual sales renect a 5 % lower number than the forecasted demand for each month up to June 2020 and a tog higher number than the forecasted demand forduly , August September and October 2020 The selling price per unit of the product is fwed at RO 10. What is the forecast for May 2020 using the least squares method ?A. 5415 ( Rounded olt )B. 5333 ( Rounded on )None of the given option5850 ( Rounded oft )
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Over the past 40 years, the percentage of homes in the United States with smoke detectors has risen steadily and has plateaued at about 96% as of 2015.† With this increase in the use of home smoke detectors, what has happened to the death rate from home fires? Suppose the following contains 17 years of data on the estimated percentage of homes with smoke detectors and the estimated home fire deaths per million of population. Percentage ofHomes withSmoke Detectors Home Fire Deathsper Millionof Population 0.52 22.8 0.69 20.7 0.76 17.2 0.78 20.4 0.79 19.3 0.84 18.8 0.83 17.5 0.87 16.1 0.88 13.5 0.90 14.3 0.92 14.2 0.94 12.9 0.95 10.8 0.96 10.8 0.97 10.1 0.96 8.3 0.96 8.0 (a) Do you expect a positive or negative relationship between smoke detector use and deaths from home fires? Why or why not? We would expect there would be a ---Select--- negative positive relationship between smoke detector use and deaths from home fires. As more households have…
Q7.What is the difference between 2019 FYA revenues and LTM revenues (2019 FYA minus LTM)? C "Reported" Year-to-date Revenues in Income Statement: • Q1 2019: $100.0m • Q2 2019: $250.0m • Q3 2019: $500.0m • Q4 2019: $800.0m • Q1 2020: $250.0m • Q2 2020: $400.0m A. +$125m B.-$150m C. +$75m O D.-$25m
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