Question: In the probit regression given in the following table show that the intercept is equal to μ x /Ï x and the slope is equal

In the probit regression given in the following table show that the intercept is equal to ˆ’μx/σxand the slope is equal to 1/σx, where μxand σxare the mean and standard deviation of X.

Dependent Variable: I Coefficient Variable Std. Error Probability 1.0397E-07 4.8547E-08 t-Statistic 0.0572 0.00247 -17.7

Dependent Variable: I Coefficient Variable Std. Error Probability 1.0397E-07 4.8547E-08 t-Statistic 0.0572 0.00247 -17.7473 -1.0166 0.04846 Income 19.5585 R? = 0.97951 Durbin-Watson statistic = 0.91384

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