HW7 - ORIE 4740-1 - HW # 7 ORIE 4740 Shradha Jain (sj259)...

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Unformatted text preview: HW # 7 ORIE 4740 Shradha Jain (sj259) Part 1 Lab Questions 1. What are your coefficient estimates for the two remaining gender variables? The coefficient estimates for V137 and V141 are -> 2.639e+00 (V137- male) and 2.943e+00 (V141- female). 2. How can you interpret the values of your two coefficient estimates? Since both variables are positive, customers whose genders are known have a higher chance of purchasing the marketed product than customers whose genders are unknown. Since the second coefficient estimate is slightly bigger than the first one, the females have a higher chance of purchasing the marketed product than males. 3. Why is it incorrect to treat a categorical variable with more than two categories as a continuous variable...
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HW7 - ORIE 4740-1 - HW # 7 ORIE 4740 Shradha Jain (sj259)...

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