Question: Use the estimated linear probability model shown in column (1) of Table 11.2. to answer the following: a. Two applicants, one white and one black,

Use the estimated linear probability model shown in column (1) of Table 11.2. to answer the following:

a. Two applicants, one white and one black, apply for a mortgage. They have the same values for all the regressors other than race. How much more likely is the black applicant to be denied a mortgage?

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