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In the Expression Pr( deny =1P/I Ratio, black )=Φ(2.26+2.74P/ ratio +0.71 black )\operatorname { Pr } ( \text { deny } = 1 \mid P / I \text { Ratio, black } ) = \Phi ( - 2.26 + 2.74 P / \text { ratio } + 0.71 \text { black } )

Question 12

Multiple Choice

In the expression Pr( deny =1P/I Ratio, black ) =Φ(2.26+2.74P/ ratio +0.71 black ) \operatorname { Pr } ( \text { deny } = 1 \mid P / I \text { Ratio, black } ) = \Phi ( - 2.26 + 2.74 P / \text { ratio } + 0.71 \text { black } )
the effect of increasing the R2R ^ { 2 } ratio from 0.3 to 0.4 for a white person


A) is 0.274 percentage points.
B) is 6.1 percentage points.
C) should not be interpreted without knowledge of the regression
D) is 2.74 percentage points.

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