subject
Mathematics, 04.04.2020 07:03 bihanna1234

Sales of Riding Mowers. A company that manufactures riding mowers wants to identify the best sales prospects for an intensive sales campaign. In particular, the manufacturer is interested in classifying households as prospective owners or nonowners on the basis of Income (in $1000s) and Lot Size (in 1000 ft2). The marketing expert looked at a random sample of 24 households, given in the file RidingMowers. csv. Use all the data to fit a logistic regression of ownership on the two predictors. a. What percentage of households in the study were owners of a riding mower? b. Create a scatter plot of Income vs. Lot Size using color or symbol to distinguish owners from nonowners. From the scatter plot, which class seems to have a higher average income, owners or nonowners? c. Among nonowners, what is the percentage of households classified correctly? d. To increase the percentage of correctly classified nonowners, should the cutoff probability be increased or decreased? e. What are the odds that a household with a $60K income and a lot size of 20,000 ft2 is an owner? f. What is the classification of a household with a $60K income and a lot size of 20,000 ft2? Use cutoff = 0.5. g. What is the minimum income that a household with 16,000 ft2 lot size should have before it is classified as an owner?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:10
Yuto and hila attempted to solve the same inequality. their work is shown below. which statement is true about the work shown above? yuto is correct because he isolated the variable correctly and reversed the inequality symbol. yuto is incorrect because he should not have reversed the inequality symbol. hila is correct because she isolated the variable correctly and reversed the inequality symbol. hila is incorrect because she should not have reversed the inequality symbol.
Answers: 2
question
Mathematics, 21.06.2019 23:30
Find the directions in which the function increases and decreases most rapidly at upper p 0p0. then find the derivatives of the function in these directions. f(x,y)equals=x squared plus xy plus y squaredx2+xy+y2, upper p 0p0left parenthesis 1 comma negative 4 right parenthesis
Answers: 2
question
Mathematics, 22.06.2019 05:30
Me because i don't understand how to do it.: )
Answers: 1
question
Mathematics, 22.06.2019 08:00
According to the notation, which kind of dilation does this represent? reduction enlargement congruence this is not a dilation.
Answers: 1
You know the right answer?
Sales of Riding Mowers. A company that manufactures riding mowers wants to identify the best sales p...
Questions
question
Mathematics, 08.12.2020 14:00
question
Mathematics, 08.12.2020 14:00
question
Mathematics, 08.12.2020 14:00
question
Physics, 08.12.2020 14:00
Questions on the website: 13722367