Multiple Choice
How is the average marginal effect calculated for a probit or logit model?
A) taking the marginal effect at the mean of the sample
B) mean marginal effects are always .5 in a binary choice model
C) calculate the marginal effects for each observation,then take the mean
D) take the mean of the marginal effects at the 5th and 95th percentile
Correct Answer:
Verified
Correct Answer:
Verified
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