Question: Elise computed the linear probability model and logistic regression model accuracy rates for 300 observations. The binary predictions match 73.8 percent of the time for


Elise computed the linear probability model and logistic regression model accuracy rates for 300 observations. The binary predictions match 73.8 percent of the time for the linear probability model and 238 times for the logistic regression model. Using the preferred model, calculate y for x1 = 50 and x2 = 10. Linear Logistic Probability Regression Coefficients : Model Model Intercept 0.5334 -1. 0555 X1 0. 0164 0.1439 X2 -0. 0549 -0. 4025 Multiple Choice O 58.22% O 69.09% O 80.44% O 89.23%
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