Dependent Variable: Pass Linear Linear Probit Logit Probability Probit Logit Probability Probit (1) (2) (3) (4) (5) (6) (7) Experience 0.031 0.040 0.006 0.041 (0.009) (0.016) (0.002) (0.156) Male -0.333 -0.622 -0.071 -0.074 (0.161) (0.303) (0.034) (0.259) Male X Experience -0.015 (0.019) Constant 0.712 1.059 0.774 1.282 2.197 0.900 0.806 (0.126) (0.221) (0.034) (0.124) (0.242) (0.022) (0.200) Problem 1. (~SW 11.2) Using the results of column (2): (a) Does the probability of passing the test depend on Experience? Explain. (b) Matthew has 10 years of driving experience. What is the probability that he will pass the test? (c) Christopher is a new driver (zero years of experience). What is the probability that he will pass the test? (d) Sketch the predicted probabilities from the probit and logit regressions in column (1) and (2) for values of Experience between 0 and 60. Are the probit and logit models similar