c) Suppose that you have estimated P(Y) = G[0.4 – 1.2X] using a Logit model, where G is a cumulative logistic function, G(z)=exp(z)/[1+exp(z)], and that the sample mean of X is 0.56. The predicted likelihood of Y happening when X is 0.5 is .450166. %3D

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 3TI: Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to...
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True or false, and why?
c) Suppose that you have estimated P(Y) = G[0.4 – 1.2X] using a Logit model, where G is a
cumulative logistic function, G(z)=exp(z)/[1+exp(z)], and that the sample mean of X is 0.56.
The predicted likelihood of Y happening when X is 0.5 is .450166.
%3D
Transcribed Image Text:True or false, and why? c) Suppose that you have estimated P(Y) = G[0.4 – 1.2X] using a Logit model, where G is a cumulative logistic function, G(z)=exp(z)/[1+exp(z)], and that the sample mean of X is 0.56. The predicted likelihood of Y happening when X is 0.5 is .450166. %3D
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