FI 4090
Assignment 3: Logistic Regression
(Individual Submission)
Note: Quiz 3B in iCollege will be based on this Assignment. Please have your R program
available in running condition when you take the quiz. You will need solutions of your program
to take the quiz. Quiz 3B is not under lock down browser.
Part 1 (100 points)
Analyze the data in the CreditCard dataset in AER package. (Note that you have to install AER
package and any other additional package that are required by AER)
The following variables are included in the dataset:
1. card: was the application for a card accepted? (Binary: 1/0) Response Variable
2. reports: Number of major derogatory reports
3. income: Yearly income (in USD 10,000)
4. Age: Age in years plus 12ths of a year
5. Owner: Does the individual own his/her home?
