Question: 2. The logit model for binary data was introduced in Exercise 1 of Chapter 6. A way of representing the logit model is: y i
2. The logit model for binary data was introduced in Exercise 1 of Chapter 6. A way of representing the logit model is:
y i
= x
iβ + ui i = 1, ..., n (7.12)
ui ∼ logistic(mean zero)
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