Let\u2019s assume a credit card applicant is a student with a balance of $621 and an income of $1850. How likely will he\/she default according to the fitted logistic regression model? Explain and show calculations.<\/li>\n<\/ol>\nInclude all relevant calculations and your answers to all items (1, 2, 3, and 4) in a Word document and submit the document to Canvas for grading. Clearly label all elements in your submission. In addition, provide a short description of any challenge(s) you faced during this assignment.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
In this assignment, imagine that you work for a company as a data mining expert. You are given a dataset called Default.csv (Links to an external site.) and the company requests that you analyze the data using classification. To this end, you will be using logistic regression analysis. Logistic regression has been one of the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/160003"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=160003"}],"version-history":[{"count":1,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/160003\/revisions"}],"predecessor-version":[{"id":173556,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/160003\/revisions\/173556"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=160003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=160003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=160003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}