Q2. Simmons included in the catalog. Simmons predicting whether a customer who c

Question

Q2. Simmons included in the catalog. Simmons predicting whether a customer who catalo gs who have the ht xpensive and Simmons would like to send them to only thone est probability of making a $200 purchase using the discount coupon thinks that annual spending at Simmons Stores mmons credit card are two variables that might be helpful in o receives the catalog will use the coupon to make a $200 purchase. Results are presented below: the y ( , use of $200 coupon; 0,no-useofcoupon-ul wsnendinme +0.88 Cardí-1,0) 8.09) z-value (2.65) (6.09) 0.000) p-value [0.013] [0.001 G-13.628, dr-2, p-value-0.001 What is the name of the model in which the response variable takes on a value of 1 or 0? a. ine nme of thu moder in wneh tno Yesp onse anolo 1OVIS On a valu Of 1 0r0 is b. How do you obtain the degrees of freedom of 2? Explain. c. Evaluate the significance of each estimated coefficient in the above model

Explanation / Answer

a ) Here we use  logistic regression model .

Since here dependent variable gives 0 and 1 ; use of $200 coupon = 1 and no use of coupon = 0

For example : A group of 20 students spend between 0 and 6 hours studying for an exam.

How does the number of hours spent studying affect the probability that the student will pass the exam?

The reason for using logistic regression for this problem is that the values of the dependent variable, pass and fail, while represented by "1" and "0".

b)

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