The following model predicts credit card acceptance (yes) as follows: p-value (0.001) Intercept BadReports (0.001) Income (<0.001) Here the response variable, CardAcceptance-1 if the card is accepted and 0 otherwise What is the effect of BadReport on Card Acceptance? Choose one from below: Coefficient 1.05 -1.36 0,026 As number of bad reports increases the probability of card acceptance decreases Bad reports has no effect on probability of card acceptance As number of bad reports decreases the probability of card acceptance decreases As the number of bad reports increases the probability of card acceptance increases

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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The following model predicts credit card acceptance (yes) as follows:
p-value
(0.001)
(0.001)
(<0.001)
Here the response variable, CardAcceptance-1 if the card is accepted and 0 otherwise
What is the effect of BadReport on Card Acceptance? Choose one from below:
Intercept
BadReports
Coefficient
Income
1.05
-1.36
0.026
As number of bad reports increases the probability of card acceptance decreases
Bad reports has no effect on probability of card acceptance
As number of bad reports decreases the probability of card acceptance decreases
As the number of bad reports increases the probability of card acceptance increases
Transcribed Image Text:The following model predicts credit card acceptance (yes) as follows: p-value (0.001) (0.001) (<0.001) Here the response variable, CardAcceptance-1 if the card is accepted and 0 otherwise What is the effect of BadReport on Card Acceptance? Choose one from below: Intercept BadReports Coefficient Income 1.05 -1.36 0.026 As number of bad reports increases the probability of card acceptance decreases Bad reports has no effect on probability of card acceptance As number of bad reports decreases the probability of card acceptance decreases As the number of bad reports increases the probability of card acceptance increases
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