Multiple Choice
Suppose you estimate a logit model explaining the probability of entering the labor force and you get the following estimated coefficients
You should conclude that
A) men are estimated to be 306 percent more likely than women to enter the labor force.
B) that a higher education level increases the probability of being in the labor force.
C) each additional year of education increase the likelihood of entering the labor force by 483 percent.
D) men are estimated to be 3.06 percent more likely than women to enter the labor force.
Correct Answer:

Verified
Correct Answer:
Verified
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