Explanation Output using StatTools: Use logistic regression from the regression and classification option under StatTools extension in Excel. StatTools parameter: Output result:

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ISBN: 9781337406659

Author: WINSTON, Wayne L.

Publisher: Cengage,

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Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route fo…

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Chapter 14.2, Problem 3P

Summary Introduction

To determine: The use of logistic regression in discriminating between those who are admitted to the MBA program and those who are not based on the variables.

Introduction: Simulation model is the digital prototype of the physical model that helps to forecast the performance of the system or model in the real world.

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Chapter 14 Solutions

Practical Management Science

Ch. 14.2 - The file P14_01.xlsx contains data on 100...Ch. 14.2 - Prob. 2P Ch. 14.2 - Prob. 3P Ch. 14.2 - Prob. 4P Ch. 14.2 - Prob. 7P Ch. 14.2 - Prob. 8P Ch. 14.2 - Prob. 9P Ch. 14.2 - Prob. 11P Ch. 14.3 - Prob. 15P

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