Exercise

Predicting purchase behavior and uncertainty

The log_mod2 purchase behavior model lets you make predictions off credit data. In this exercise, you'll use a new set of data, new_credit_data, and calculate predicted outcomes and confidence bounds.

The model (log_mod2) from the exercise 3 is available in your workspace.

Instructions 1/3

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Use the model log_mod2 to calculate the predicted purchase log-odds, and standard errors for those predictions, for the observations in new_credit_data.