Question: Consider a binary response variable y and an explanatory variable x that varies between 0 and 4. The linear model is estimated as y
Consider a binary response variable y and an explanatory variable x that varies between 0 and 4. The linear model is estimated as y ˆ = −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?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
