Answer :
The model has used age as an independent variable to predict 'Survived', but the result does not reject the null hypothesis. Evaluation metrics (Precision, Sensitivity, Accuracy) are addressed using the confusion matrix.
This question involves a statistical analysis of the Titanic dataset, a common introductory dataset for data science or statistics. To provide a rudimentary understanding, alpha is a statistical term for the probability of rejecting the null hypothesis when it is true. In this context, the null hypothesis could be that there is no association between age and survival rate. If your alpha value is 0.01, you're stating that you would only accept a result as significant if there is less than a 1% chance it occurred due to randomness.
From the output given, the probability of 'Survived' being 1, assuming age as the independent variable, yields an alpha value of 0.0397 which is greater than your stated alpha value of 0.01. This insinuates that age is not significantly associated with survival rate in this model.
To predict the probability of survival according to the indicated class and sex, you would need to consider the related coefficients in the logistic regression model. The exact formula will also incorporate interaction effects.
The terms Precision, Sensitivity, and Accuracy are evaluation metrics. Sensitivity (True Positive Rate) observes proportion of actual positives correctly identified, calculated as 25/(25+15). Precision (Positive Predictive Value) measures the proportion of predicted positives that are actually positive, calculated as 25/(25+10). Accuracy is the ratio of true predictions (both positives and negatives) to all predictions, calculated as (25+40)/(25+15+40+10).
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