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You build a model of the decision to live on campus and collect 533 students: LOC-b0+ b1 SUNIT + b2 ALCO + b3 GREK + u where LOC-1 if the student lived on campus and -0 otherwise, SUNIT is the number of academic units that the student was taking. ALCO is the nights per week that the student consumed alcohol, GREK=1 if the student was a member of a fraternity sorority, 0 otherwise, and estimate the following equation: LOC(hat)-3.26+.03SUNIT-13ALCO-39GREK

You build a model of the decision to live on campus and collect 533 students: LOC-b0+ b1 SUNIT + b2 ALCO + b3 GREK + u where LOC-1 if the student lived on campus and -0 otherwise, SUNIT is the number of academic units that the student was taking. ALCO is the nights per week that the student consumed alcohol, GREK=1 if the student was a member of a fraternity sorority, 0 otherwise, and estimate the following equation: LOC(hat)-3.26+.03SUNIT-13ALCO-39GREK

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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You build a model of the decision to live on campus and collect 533 students: LOC-b0+ b1 SUNIT + b2 ALCO + b3 GREK + u where LOC-1 if the student lived on campus and -0 otherwise, SUNIT is the number of academic units that the student was taking, ALCO is the nights per week that the student consumed alcohol, GREK=1 if the student was a member of a fraternity sorority, O otherwise, and estimate the following equation: LOChat)-3.26+.03SsUNIT-13ALCO-39GREK (1) Carefully state the meaning of the estimate of ALCO (-0,13). (2) Let's suppose that you also have the information that each student was freshmen, sophomore, junior, or senior. You take the information as ordinal information and want to investigate how the grade (year) are associated with the probability of living on campus. How would you modify the model?
Transcribed Image Text:You build a model of the decision to live on campus and collect 533 students: LOC-b0+ b1 SUNIT + b2 ALCO + b3 GREK + u where LOC-1 if the student lived on campus and -0 otherwise, SUNIT is the number of academic units that the student was taking, ALCO is the nights per week that the student consumed alcohol, GREK=1 if the student was a member of a fraternity sorority, O otherwise, and estimate the following equation: LOChat)-3.26+.03SsUNIT-13ALCO-39GREK (1) Carefully state the meaning of the estimate of ALCO (-0,13). (2) Let's suppose that you also have the information that each student was freshmen, sophomore, junior, or senior. You take the information as ordinal information and want to investigate how the grade (year) are associated with the probability of living on campus. How would you modify the model?
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