Question

The board of directors of a professional association conducted a survey of 30 members to assess the effects of several possib


That is all the information. What specific information do you need?
0 0
Add a comment Improve this question Transcribed image text
Answer #1

a)

Therefore, the fitted response function is:

π^i=e^(β0+β1xi)/1+e^(β0+β1xi)

By plugging in β0 = -4.5 and β1 = 0.125, we get the response function:

π^i=e^(0.125xi−4.5)/1+e^(0.125xi−4.5)

Plot Logistic Regression
xx <- with(data.17, seq(min(x), max(x), len = 200))
plot(y ~ x, data.17, pch = 19, col = "gray40", xlab = "The dollar increase in annual dues", ylab = "Fitted Value")
lines(xx, predict(logit.17, data.frame(x = xx), type = "resp"), lwd = 2, col='blue')
a= coef(logit.17)[1]
b= coef(logit.17)[2]
curve(exp(a+b*x)/(1+exp(a+b*x)), from = min(data.17$x), to = max(data.17$x), col='green',add=T)
title("Scatter Plot with Logistic Mean Response Functions")

Scatter Plot with Logistic Mean Response Functions 50 45 40 35 30 The dollar increase in annual dues

b)

cat("the estimated probability that association members will not renew their membership if \n the dues are increased by $4 is", predict(logit.17, type = "response",new data = list(x=4)))
the estimated probability that association members will not renew their membership if 
the dues are increased by $40 is 0.05487487

c)

The e^β1 is 1.133237, which means for every one dollar increase in the annual dues, the odds ratio of getting membership un-renewed (Y=1) versus renewed (Y=0) increase by 1.133237 times.

Add a comment
Know the answer?
Add Answer to:
The board of directors of a professional association conducted a survey of 30 members to assess t...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT