Let grad be a dummy variable for whether a student-athlete at a large university graduates in five years. let hsgpa and sat be high school grade point average and sat score, respectively. let study be the number of hours spent per week in an organized study hall. suppose that, in using data on 420 student-athletes, the following logit model is obtained:

p(grad 1l hsgpa, sat, study)= g(-1.17+ .24hsgpa+ .00058sat+ .073study)

where g(x)= e^x/(1 +e^x) is the logistic function. holding hsgpa fixed at 3.0 and sat fixed at 1,200, compute the estimated diffreence in the graduation probability for someone who spent 10 hours per week in study hall and someone who spent 5 hours per week.

What does the phrase limited liability mean in a corporate context?

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c. prepaidrent. onseptember1ofthecurrentyear, thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Retail industry fundamentals credential exam, part 1 all answers