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In the Expression Pr(deny = 1 P/I Ratio,black)= Φ(-2

Question 37

Multiple Choice

In the expression Pr(deny = 1 In the expression Pr(deny = 1 P/I Ratio,black) = Φ(-2.26 + 2.74P/I ratio + 0.71black) ,the effect of increasing the P/I 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 R2. D) is 2.74 percentage points. P/I Ratio,black) = Φ(-2.26 + 2.74P/I ratio + 0.71black) ,the effect of increasing the P/I 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 R2.
D) is 2.74 percentage points.

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