A banker was interested in studying the probability of defau…
A banker was interested in studying the probability of default for businesses in Florida in the Real Estate, Rental and Leasing sector of business. We will be using a data set of 898 loans from Florida. Below is the R output from the logistic regression model. The x variable is disbursement gross (the amount given out on the loan). The y variable is default. Default = 1 if it is defaulted and 0 if it is paid in full. Based off of the output below, interpret the slope.