ogit model with 20 observations, 1 independent variable whose values are natural numbers between 1 and 5, (odds(x+1)/odds(x)) =1.139, and p=0.52

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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Fake a dataset using a logit model with 20 observations, 1 independent variable whose values are natural numbers between 1 and 5, (odds(x+1)/odds(x)) =1.139, and p=0.52. Show a screenshot of your dataset.
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