Quiz Space

Business Analytics · End Term · 31 Aug 2025 · May 2025 term · Set QDD1

Question 23: Assume that you have trained a logistic regression model…

Question 23

+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 and threshold are given in Table 1.

Predict the target variable (y_pred) in the test dataset (Table 2) using the available information.

X1X2
34
-1.52
-2-1.5
47
55
-23.6
-34

Table 2: Test Dataset

y_act
1
1
1
0
0
0
1

Table 3: Actual Target Variable

Based on the available information, answer the given subquestions:

What is the correct interpretation of the coefficient β2? (Select all that apply)

Select all that apply.

  1. A

    If the X2 increases by 1 unit, the log of odds decreases by 0.65, assuming X1 to be constant.

  2. B

    If the X2 increases by 1 unit, the odds decrease by 48% (e^(−0.65) ≈ 0.52), assuming X1 to be constant.

  3. C

    Higher values of X2 are associated with a decreased likelihood of the positive outcome.

  4. D

    None of these

Show answer

Correct answers

  • A

    If the X2 increases by 1 unit, the log of odds decreases by 0.65, assuming X1 to be constant.

  • B

    If the X2 increases by 1 unit, the odds decrease by 48% (e^(−0.65) ≈ 0.52), assuming X1 to be constant.

  • C

    Higher values of X2 are associated with a decreased likelihood of the positive outcome.

Question 23 of 32 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.

More questions from this paper

  1. Q1How many decision variables are present in the standard form of the primal, if the given problem is formulated as a Lin…
  2. Q2How many decision variables are present in the Dual form (which is formulated based on the standard form of the primal)…
  3. Q3If the restaurant decides to make 450 DCVs and 450 CVs, then what is the value of the objective function for the linear…
  4. Q4If the restaurant decides to make 450 DCVs and 450 CVs, then how many decision variables in the Dual form (which is for…
  5. Q5If the restaurant decides to make 450 DCVs and 450 CVs, then which of the following option is correct
  6. Q6| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  7. Q7| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  8. Q8| Average Electricity Consumed (in KW) | Average ambient temperature (in Celsius) | Total Number of Working Days (in co…
  9. Q9The computed p-value of a chi-square goodness-of-fit test is 0.167. Then, which of the following statements are TRUE
  10. Q10Say you build a multiple regression model using 6 independent variables and 20 data points. This is called Model-1. The…
  11. Q11The Following Question is Purely Hypothetical\ Your family is seeking an alliance for you and has found three matrimoni…
  12. Q12What would be the mean of the distribution, if you want to check the hypothesis “The number of scratches on a produced …
  13. Q13Which of the following is the correct PMF formula for a Poisson Distribution?
  14. Q14How many (count) of degrees of freedom will be presented for the computed test statistic for this problem if you want t…
  15. Q15What is the value of the computed test statistic for the test to be performed if you want to check the hypothesis “The …
  16. Q16Based on the computed test statistic for the test to be performed, using Figure-2, at a significance level of 10% what …
  17. Q17Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  18. Q18Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  19. Q19Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  20. Q20Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  21. Q21Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  22. Q22Assume that you have trained a logistic regression model on a training dataset containing features X1 and X2. The coeff…
  23. Q24There are six business units. There are two outputs and one input under consideration. You are solving the optimization…
  24. Q25There are six business units. There are two outputs and one input under consideration. You are solving the optimization…
  25. Q26What is the objective function?
  26. Q27What is the type constraint?
  27. Q28Which of them is not a constraint for the LP problem pertaining to Sales Office 2? (Select all that apply)
  28. Q29You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  29. Q30You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  30. Q31You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…
  31. Q32You are in the process of selecting an ideal car when a lot of options are available. For example, the three brands tha…