Question: 5. (10 points) For a particular subset (don'ttry to replicate it), I estimate these coefficients for a logit estimation of whether the credit card balance

5. (10 points) For a particular subset (don'ttry to replicate it), I estimate these coefficients for a logit estimation of whether the credit card balance is greater than zero. Varb | Coeff | Std Err AGE 1 -0.011390 | 0.001173 ed_hs | 0.372705 | 0.064133 ed_somecoll | 0.629340 | 0.068319 ed_colldegree | 0.229324 | 0.062082 inLF | 0.404572 | 0.043195 (Intercept) | -0.664143 | 0.091779 Explain what these coefficients mean and whether each is statisically significant. Calculate the estimated probability of a nonzero balance, for a 35 year old person with a high school diploma who is in the labor force. What is the change in estimated probability if the person has some college? What is the change in estimated probability if the person has a college degree

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