are expensive and Simmons would like to send them to only nks that annual spendi

Question

are expensive and Simmons would like to send them to only nks that annual spending Simmons those 02. s who havelog, Simmosmons crea the catalog Simmons" catalogs Stores customers who have the highest probability of making a $200 purct Smmnsfi included in the catalog. Simmons' management thi and whether a customer has a Simmons credit card are two predicting whether a customer who receives the catalog will use the variables that might be helpful in Results are presen ed below: 1000+0.88 Card-1,0) (-1,use OfS200 coupon: 0, mouseofcoupon)-1.67 + 0.43. (8.09) [0.000] z-value (2.65) (6.09) p-value 10.013] [0.001 G-13.628, d 2, p-value 0.001 What is the name of the model in which the response variable takes on a v alue of1 or 0? a. b. How do you obtain the degrees of freedom of 2? Explain. Evaluate the significance of each estimated coefficient in the above model c. d. Conduct the overall assessment of this model using the appropriate statistic?

Explanation / Answer

a) name of the model is logistic regrssion

Because when we have binary response variable then we use logistic regression

b) degree of freedom is number of independent parameter /variable

so number of independent variable is 2 that's why df=2

c)You can see both P-value which are less than 0.05 (level of significance) that's why both the indepedent variable are significant .

d)See the overall P-value is 0.01 which is also less than 0.05 so overall model is significant .

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