The accompanying data file contains 20 observations on the binary response variable y along with the predictor
Question:
The accompanying data file contains 20 observations on the binary response variable y along with the predictor variables x1 and x2.
a. Estimate and interpret the linear probability model and the logistic regression model.
b. Compute the accuracy rates of both models.
c. Use the preferred model to compute ŷ for x1 = 60 and x2 = 18.
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a Relevant regression results from R LPM Estimates The variable x2 is significant at the 5 significa...View the full answer
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Related Book For 
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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