Question

Suppose the logit of an event is 1.098612. a. What are the odds of the event?...

Suppose the logit of an event is 1.098612.

a. What are the odds of the event?

b. What is the probability of the event?

Homework Answers

Answer #1

Let denotes the probability of the event.

Given,

That implies,

...(1)

a) The odds of the event

b) From equation(1), we get

The probability of the event (ans)

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1)what are the odds for an event to occur if the odds against are a. 8...
1)what are the odds for an event to occur if the odds against are a. 8 to 6 b. 5 to 2 c. 1 to1 d. 4 to 3 2) what are the odds against an event occurring if the probability is a.5/9 b. 3/5 c. 2/7 d. 3/8 3. determine the probability that an event will occur if a. the (odds for) are 5 to 9 b. the (odds for) are 4 to 8 c. the (odds against) are...
If the probability of a certain event is 77/81 what are the odds against the event...
If the probability of a certain event is 77/81 what are the odds against the event happening? Write all answers as simplified fractions.
Suppose event A has a 0.98 probability of​ occurring, and event B has a 0.95 probability...
Suppose event A has a 0.98 probability of​ occurring, and event B has a 0.95 probability of occurring—both high probabilities. Compute the odds for event A and the odds for event B. Comment on the relative difference between the odds for the two events compared to the relative difference between the probabilities. How are the odds deceptive in this​ case? The odds for event A are __________________​(Round to three decimal places as​ needed.) The odds for event B are__________________​(Round to...
1.) Find the odds for and the odds against the event rolling a fair die and...
1.) Find the odds for and the odds against the event rolling a fair die and getting a 3 or 4. 2.) Halfway through the season a soccer player has made 15 penalty kicks in 26 attempts. What is the relative frequency probability that she will make her next penalty kick? 3.) You toss a coin 100 times and get 93 tails. what is the relative frequency probability? Determine the expected frequency of the event as well. 4.) Find the...
Convert between probability and odds. (a) Determine the probability for the odds of 4 to 1...
Convert between probability and odds. (a) Determine the probability for the odds of 4 to 1 against E (b) Determine the odds for and the odds against event H given the probability P(H) = 1/4 .
The following is the logit function for a logistic model that predicts whether an employee will...
The following is the logit function for a logistic model that predicts whether an employee will be successful or not based on a specific test score(x):    -43.37 + 0.4897x Find the probability of success for an employee who scored a 93 on the test. What is the odds ratio for x? Interpret.
Find the odds for and the odds against the event rolling a fair die and getting...
Find the odds for and the odds against the event rolling a fair die and getting a 1 comma a 2 comma a 4 comma or a 3.
The odds of an event occurring is: the ratio of a probability to its complement. the...
The odds of an event occurring is: the ratio of a probability to its complement. the probability of getting the observed results given the fitted regression coefficients. the probability of a dependent variable being a particular value. the critical value based on the alpha level selected and the number of degrees of freedom.
The aim of a logit model was to determine mobile phone ownership as a function of...
The aim of a logit model was to determine mobile phone ownership as a function of (logarithm of) income. Mobile phone ownership was a binary variable: Y = 1 if a household owns a mobile phone, zero otherwise. Li = −2.77231 + 0.347582 ln(Income) t = (−3.35)   (4.05) χ 2 (1 df) = 16.681 (p value = 0.0000); where; Li = estimated logit and where ln Income is the logarithm of income. The χ2 measures the goodness of fit of...
. Suppose that the probability of event A is 0.4 and the probability of event B...
. Suppose that the probability of event A is 0.4 and the probability of event B is 0.5. What is P A B ( ) ? if A and B are mutually exclusive? What is P A B ( ) ? if A and B are independent?