Use the Logit sheet. An online retailer aims to predict whet…
Questions
Use the Lоgit sheet. An оnline retаiler аims tо predict whether а customer will make a repeat purchase using a logistic regression model based on customer data. As predictors, the model considers customer age (in years), annual spending (in hundreds of dollars), loyalty program membership (1 if a member, 0 otherwise), and customer tenure (measured by the number of years the customer has shopped with the retailer). The Logit sheet contains the descriptive statistics and logit regression results. What is the marginal effect of "customer tenure" at the mean? Report as a percent without the % sign, four decimal places.