Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. melody is a department store manager and wants to

Melody is a department store manager and wants to examine whether or not female shoppers...

80.2K

Verified Solution

Question

Accounting

Melody is a department store manager and wants to examine whether or not female shoppers are more likely than male shoppers to use a department credit card. Female=1 indicates the individual is a female. Credit card=1 indicates the individual used a credit card to make the purchase. Amount spent is in dollars. Melody runs a logistic regression. If the estimate on the female variable is positive, what does this indicate about credit card usage?
a) Females spend more on credit cards than males.
b) Females are less likely to use a credit card than males.
c) Males and females are equally likely to use credit cards.
d) Females are more likely to use credit card than males.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The veins of the heart muscle merge to form the _____________________ which empties into the __________________ . The...

Medical Sciences
Q

Ibuprofen and coronavirus: Should you take ibuprofen now? Please provide a view point on this topic...

Medical Sciences
Q

Write the indicated quotient in decimal form and round your answer to the nearest thousandth,...

Basic Math
Q

One gallon of gas is put into each of 30 test cars The resulting gas...

Statistics
Q

Question 8Solve: log_3(9x + 17) log_3( 5x - 15)=2 ...

Calculus
Q

answer in formulas 1. Prepare a sales budget,...

Accounting
Q

Statutes relating to a shareholder s right to inspect corporate records usually DO NOT include......

Accounting
Q

QUESTION 1 The term "Retained Earnings" is best explained by which of the following statements?...

Accounting
Q

Reflection on what we learned from the group assignment

Accounting
Q

On January 1, 2018, Fascom had the following account balances in its shareholders' equity accounts....

Accounting
Q

Is depreciation included in the total manufacturing overhead (numerator) over the total allocation base when...

Accounting
Q

Use the following information for questions 65-68: Seasons Construction is constructing an office...

Accounting