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In the Following Regression Equation, Y Is a Binary Variable

Question 27

Multiple Choice

In the following regression equation, y is a binary variable: y = In the following regression equation, y is a binary variable: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+… <sub>k</sub> x<sub>k</sub>+ u In this case, the estimated slope coefficient, measures _____. A) the predicted change in the value of y when x<sub>1</sub> increases by one unit, everything else remaining constant B) the predicted change in the value of y when x<sub>1</sub> decreases by one unit, everything else remaining constant C) the predicted change in the probability of success when x<sub>1</sub> decreases by one unit, everything else remaining constant D) the predicted change in the probability of success when x<sub>1</sub> increases by one unit, everything else remaining constant 0+ In the following regression equation, y is a binary variable: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+… <sub>k</sub> x<sub>k</sub>+ u In this case, the estimated slope coefficient, measures _____. A) the predicted change in the value of y when x<sub>1</sub> increases by one unit, everything else remaining constant B) the predicted change in the value of y when x<sub>1</sub> decreases by one unit, everything else remaining constant C) the predicted change in the probability of success when x<sub>1</sub> decreases by one unit, everything else remaining constant D) the predicted change in the probability of success when x<sub>1</sub> increases by one unit, everything else remaining constant 1x1+… In the following regression equation, y is a binary variable: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+… <sub>k</sub> x<sub>k</sub>+ u In this case, the estimated slope coefficient, measures _____. A) the predicted change in the value of y when x<sub>1</sub> increases by one unit, everything else remaining constant B) the predicted change in the value of y when x<sub>1</sub> decreases by one unit, everything else remaining constant C) the predicted change in the probability of success when x<sub>1</sub> decreases by one unit, everything else remaining constant D) the predicted change in the probability of success when x<sub>1</sub> increases by one unit, everything else remaining constant k xk+ u
In this case, the estimated slope coefficient, In the following regression equation, y is a binary variable: y = <sub>0</sub>+ <sub>1</sub>x<sub>1</sub>+… <sub>k</sub> x<sub>k</sub>+ u In this case, the estimated slope coefficient, measures _____. A) the predicted change in the value of y when x<sub>1</sub> increases by one unit, everything else remaining constant B) the predicted change in the value of y when x<sub>1</sub> decreases by one unit, everything else remaining constant C) the predicted change in the probability of success when x<sub>1</sub> decreases by one unit, everything else remaining constant D) the predicted change in the probability of success when x<sub>1</sub> increases by one unit, everything else remaining constant measures _____.


A) the predicted change in the value of y when x1 increases by one unit, everything else remaining constant
B) the predicted change in the value of y when x1 decreases by one unit, everything else remaining constant
C) the predicted change in the probability of success when x1 decreases by one unit, everything else remaining constant
D) the predicted change in the probability of success when x1 increases by one unit, everything else remaining constant

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