The file Banks. jmpPreview the document includes data on a sample of 20 banks. The ‘‘Financial Condition’’ column records the judgment of an expert on the financial condition of each bank. This dependent variable takes one of two possible values---weak or strong---according to the financial condition of the bank. The predictors are two ratios used in the financial analysis of banks: TotLns&Lses/Assets is the ratio of total loans and leases to total assets and TotExp/Assets is the ratio of total expenses to total assets. The goal is to use the two ratios for classifying the financial condition of a new bank. Use the Value Ordering column property (right click on the column Financial Condition and select Column Info>Column Properties>Value Ordering) to specify the success class as weak (i. e., move it to the top of the value list). Run a logistic regression model (on the entire dataset) that models the status of a bank as a function of the two financial measures (i. e. TotLns&Lses/Assets and TotExp/Assets) provided. Save the probability formula to data table and save the data table. What is the intercept of Logit (i. e. Lin[Weak])? (Hint: Check Parameter estimates in the report)

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms. if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise. if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise. if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise. both firms will choose to advertise. fizzo will choose not to advertise and pop hop will choose to advertise. both firms will choose not to advertise. again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise. both firms will choose not to advertise. fizzo will choose to advertise and pop hop will choose not to advertise. both firms will choose to advertise.