Multiple Choice
After estimating a probit model to determine the effect of salary offers on whether or not the offer is accepted; Yi* = β0 + β1SalaryOfferi + Ui, what would be the marginal effect associated with β1?
A) The probability of accepting an offer
B) The probability of increasing the salary offered
C) The increase in the probability of an offer being accepted from a unit increase in the salary
D) The increase in salary associated with the offers that were accepted
Correct Answer:
Verified
Correct Answer:
Verified
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