Question: Let's estimate the same model using the following logistic regression model (1-3: 2 points each, 4: 5 points) Model1: L=log ( Pi 1Pi )=b 0
Let's estimate the same model using the following logistic regression model (1-3: 2 points each, 4: 5 points) Model1: L=log ( Pi 1Pi )=b 0 b 1 X i ei where Yi = 1 : married, = 0 : not married (married) Xi = the annual income from wage and salary in $10000 (incom
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
