Essay
Consider the following logit regression:
Pr(Y = 1 
X)= F (15.3 - 0.24 × X)
Calculate the change in probability for X increasing by 10 for X = 40 and X = 60.Why is there such a large difference in the change in probabilities?
Correct Answer:
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Pr(Y=1 
X=40)= 0.997;Pr(Y=1 X...View Answer
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Correct Answer:
Verified
X=40)= 0.997;Pr(Y=1 X...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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