The images provided are an Output from a Forward Regression model built on the Donations dataset using TargetB within Sas E Miner.  Provide an e

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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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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The images provided are an Output from a Forward Regression model built on the Donations dataset using TargetB within Sas E Miner. 

Provide an explanation as to why the final model turned out this way. 

Explain the relationship between the input variables in the model and the target variable

Analysis of Maximum Likelihood Estimates
Standard
Wald
Standardized
Pr > Chisq
Parameter
DF
Estimate
Error
Chi-Square
Estimate
Exp (Est)
Intercept
1.
1.9482
0.2277
73. 20
<.0001
7.016
FirstTime
1
0.000058
0.000027
4.64
0.0313
0.0368
1.000
LOG_AverageGift
1
-0. 4347
0.0668
42.33
<.0001
-0.1140
0.647
LastTime
-0.00195
0.000241
65.25
<.0001
-0.1340
0.998
Odds Ratio Estimates
Point
Effect
Estimate
FirstTime
1.000
LOG_AverageGift
0.647
LastTime
0.998
Transcribed Image Text:Analysis of Maximum Likelihood Estimates Standard Wald Standardized Pr > Chisq Parameter DF Estimate Error Chi-Square Estimate Exp (Est) Intercept 1. 1.9482 0.2277 73. 20 <.0001 7.016 FirstTime 1 0.000058 0.000027 4.64 0.0313 0.0368 1.000 LOG_AverageGift 1 -0. 4347 0.0668 42.33 <.0001 -0.1140 0.647 LastTime -0.00195 0.000241 65.25 <.0001 -0.1340 0.998 Odds Ratio Estimates Point Effect Estimate FirstTime 1.000 LOG_AverageGift 0.647 LastTime 0.998
Summary of Forward Selection
Effect
Number
Score
Validation
Step
Entered
DF
In
Chi-Square
Pr > Chisq
Profit
LastTime
82.7504
<.0001
-264.3
2
LOG_AverageGift
2
60.1450
<.0001
-212.7
1
3
FirstTime
1
3
4.6406
0.0312
-194. 4
The selected nodel, based on the total profit for the validation data, is the model trained in Step 3. It consists of the following effects:
Intercept FirstTime LOG_AverageGift LastTine
Likelihood Ratio Test for Global Null Hypothesis: BETA=0
-2 Log Likelihood
Likelihood
Intercept
Intercept a
Ratio
Only
Pr > Chisq
Covariates
Chi-Square
DF
6758.058
6608.891
149.1667
3
<.0001
Type 3 Analysis of Effects
Wald
Effect
DF
Chi-Square
Pr > Chisq
FirstTime
4.6377
0.0313
LOG_AverageGift
42.3317
<.0001
LastTime
1
65.2528
<.0001
Transcribed Image Text:Summary of Forward Selection Effect Number Score Validation Step Entered DF In Chi-Square Pr > Chisq Profit LastTime 82.7504 <.0001 -264.3 2 LOG_AverageGift 2 60.1450 <.0001 -212.7 1 3 FirstTime 1 3 4.6406 0.0312 -194. 4 The selected nodel, based on the total profit for the validation data, is the model trained in Step 3. It consists of the following effects: Intercept FirstTime LOG_AverageGift LastTine Likelihood Ratio Test for Global Null Hypothesis: BETA=0 -2 Log Likelihood Likelihood Intercept Intercept a Ratio Only Pr > Chisq Covariates Chi-Square DF 6758.058 6608.891 149.1667 3 <.0001 Type 3 Analysis of Effects Wald Effect DF Chi-Square Pr > Chisq FirstTime 4.6377 0.0313 LOG_AverageGift 42.3317 <.0001 LastTime 1 65.2528 <.0001
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