Question: Individual Question #4 "Credit Card Approval"

Your Individual Question:

Estimate the predicted probabilities of approval for the "Lady with Shoes" presented in the "Profiles of Credit Card Applicants" table.

Steps:

 Make sure to read about calculating and interpreting predicted probabilities in the assigned readings for this week module.

 Open "Model" worksheet and locate the "Lady with Shoes" column in the "Profiles of Credit Card Applicants" table and use the values of the explanatory variables for the "Lady with Shoes" to compute predicted probabilities.

 Use "Profile" column "Logistic Model Estimates" table to enter values of the explanatory variables and compute the probability of approval. Follow the instructions on the worksheet.

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document