Consider a binary response variable y and an explanatory variable x that varies between 0 and 4.
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Consider a binary response variable y and an explanatory variable x that varies between 0 and 4. The linear model is estimated as Ŷ = −1.11 + 0.54x.
a. Compute the estimated probability for x = 2 and x = 3.
b. For what values of x is the estimated probability negative or greater than one?
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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