Business, 11.12.2019 20:31 bob231280

Researchers believe that whether someone is hired or not is related to their age (in years). to test this theory, we collected data on 100 people, and ran the following logistic regression model: ln p 1 − p = β0 + β1age where p is the binomial probability that someone is hired. parameter estimate std. error intercept 0.80 0.65 age -0.02 0.015 1. (2 points) if someone’s age decreases by 5 years, by how much will his odds of being hired decrease / increase?

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Researchers believe that whether someone is hired or not is related to their age (in years). to test...