Question: Process please, thanks! 7. The following table contains the parameter estimates of the linear probability regression model and the logistic regression model. When considering a

Process please, thanks! 7. The following table

Process please, thanks!

7. The following table contains the parameter estimates of the linear probability regression model and the logistic regression model. When considering a binary response variable y and two predictor variables, X and X2, what is the predicted probability implied by the logistic regression model for xz = 2 with x2 = 152 (Hint: for logit, the model is = exp (bo +b; x+ b2 43 ) 1+exp (bo + b1 #'+ b2 X2 Linear Variable Probability Logistic Intercept -0.76 X1 0.43 X2 A. 0.838 B. 0.006 C. -5.16 D. 0.005 -4.1 1.12 -0.22 -0.02 8. The following table contains the parameter estimates of the linear probability regression model and the logistic regression model. When considering a binary response variable y and two predictor variables, X and Xg, what is the predicted probability implied by the logistic probability regression model for x = 3 with X, = 9? Linear Variable Probability Logistic Intercept X1 0.43 -0.76 -1.12 0.85 -0.18 -0.02 5 A. 1.87 B. -0.35 C. 0.35 D. -0.87

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