Question: 10. After estimating a probit model for the likelihood of a website visitor clicking through conditional on if the visit occurred on a weekday or
10. After estimating a probit model for the likelihood of a website visitor clicking through conditional on if the visit occurred on a weekday or not, you get the following results:ClickThroughi= -1.2(0.4) + 0.8(0.2)WeekDayi, where standard errors are reported in parenthesis. What would be the calculation that yields the marginal effect of a visit moving from a weekend to a weekday on click-throughs?
-1.2 + 0.8 = -0.4
0.8
(-1.2 + 0.8) - (-1.2)
(-1.2)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
