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Calculate the probabilities of each nominal class of your target variable for a given observation by considering the logit/log odds for each class with your reference class. The Actuarial Data Scientist Merch: https://merch.streamelements.com/thea... Earn yourself (and me :) a free stock by joining RobinHood! tiny.cc/JoinRobinHood ▬▬▬▬▬▬▬▬▬▬ Music ▬▬▬▬▬▬▬▬▬▬ Artist Attribution Music By: "KaizanBlu" Track Name: "Remember" Link: • [No Copyright Music] Chill Jazzy Lofi Hip-... ▬▬▬▬▬▬▬▬▬▬ The Question ▬▬▬▬▬▬▬▬▬▬ In a study 100 subjects were asked to choose one of three election candidates (A, B or C). The subjects were organized into four age categories: (18-30,31-45,45-61,61+). A logistic regression was fitted to the subject responses to predict their preferred candidate, with age group (18-30) and Candidate A as the reference categories. For age group (18-30), the log-odds for preference of Candidate B and Candidate C were -0.535 and -1.489 respectively. Calculate the modeled probability of someone from age group (18-30) preferring Candidate B. A. Less than 20% B. At least 20%, but less than 40% C. At least 40%, but less than 60% D. At least 60%, but less than 80% E. At least 80%