| | Statistics Solutions : Logistic Regression |
 | | The ratio of odds ratios of the independents is the ratio of relative importance of the independent variables in terms of effect on the dependent variable's odds. |
 | | Recall that when the 95% confidence interval around the odds ratio includes the value of 1.0, indicating that a change in value of the independent variable is not associated in change in the odds of the dependent variable assuming a given value, then that variable is not considered a useful predictor in the logistic model. |
 | | If the odds ratio is 4.3 for hs_degree (1=having a high school degree, 0 = not), for instance, where the dependent is employed (0=not employed, 1=employed), we say that the odds of a person with a high school degree being employed are 4.3 times the odds of a person without a high school degree. |
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