What's wrong? For each of the following, explain what is wrong and why.
(a) If b1 = 3 in a logistic regression analysis with one explanatory variable, we estimate that the probability of an event is multiplied by 3 when the value of the explanatory variable increases by 1 unit.
(b) The intercept β0 is equal to the odds of an event when x = 0.
(c) The odds of an event are 1 minus the probability of the event.