Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coefficients obtained are given in Table 1. Figure from the passage in the original paper Based on the above data, answer the given subquestions. What is the correct interpretation of the coefficient β1?

(A) If the X1 increases by 1 unit, the log of odds of the positive outcome increases by 0.3, assuming X2 to be constant.

(B) If the X1 increases by 1 unit, the odds of the positive outcome increases by 35% (e^(0.3) = 1.35), assuming X2 to be constant.

(C) Higher values of X1 are associated with an increased likelihood of the positive outcome

Business Analytics · End Term · 31 Aug 2025 · May 2025 term · Set QDB3

Question 18: Assume that you have trained a logistic regression model…

Question 18

+1.5 marksOne or more correct options

Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coefficients obtained are given in Table 1.

Based on the above data, answer the given subquestions.

What is the correct interpretation of the coefficient β1?

Select all that apply.

A
If the X1 increases by 1 unit, the log of odds of the positive outcome increases by 0.3, assuming X2 to be constant.
B
If the X1 increases by 1 unit, the odds of the positive outcome increases by 35% (e^(0.3) = 1.35), assuming X2 to be constant.
C
Higher values of X1 are associated with an increased likelihood of the positive outcome
D
None of these

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Correct answers

A
If the X1 increases by 1 unit, the log of odds of the positive outcome increases by 0.3, assuming X2 to be constant.
B
If the X1 increases by 1 unit, the odds of the positive outcome increases by 35% (e^(0.3) = 1.35), assuming X2 to be constant.
C
Higher values of X1 are associated with an increased likelihood of the positive outcome

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Question 18 of 30 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M DIPLOMA FN EXAM QDD1 31 Aug 2025). It carries 1.5 marks.

Question 18: Assume that you have trained a logistic regression model…

Question 18

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