Question 26 (1 point) We have data for 100 randomly selected borrowers at a bank. The following variables are included:
Posted: Sun Jul 10, 2022 10:10 am
Question 26 (1point)
We have data for 100 randomly selected borrowers at a bank. Thefollowing variables are included: y = 1 if the borrower defaulted,and y=0 if he/she has not defaulted. AGE contains the age of theborrower in years. GENDER = 1 if the borrower is a woman, andGENDER = 0 if the borrower is a man. We run logistic regression,and the coefficient corresponding to GENDER is -0.12. If twoborrowers have the same age, then the estimated odds of default fora woman is:
Question 26 options:
a. 89% above the estimated odds of default for a man
b. 89% below the estimated odds of default for a man
c. 11% above the estimated odds of default for a man
d. 11% below the estimated odds of default for a man
We have data for 100 randomly selected borrowers at a bank. Thefollowing variables are included: y = 1 if the borrower defaulted,and y=0 if he/she has not defaulted. AGE contains the age of theborrower in years. GENDER = 1 if the borrower is a woman, andGENDER = 0 if the borrower is a man. We run logistic regression,and the coefficient corresponding to GENDER is -0.12. If twoborrowers have the same age, then the estimated odds of default fora woman is:
Question 26 options:
a. 89% above the estimated odds of default for a man
b. 89% below the estimated odds of default for a man
c. 11% above the estimated odds of default for a man
d. 11% below the estimated odds of default for a man