Question 11.9 thank you If u have some problem message me please

Meme Jane is a woman ability that she will pass the .Does the effect of experience on test perf Use the estimated probit model in Equation ( 11.8) to answer the follow? Explain. 11.6 "Ablack mortgage applicant has a P// ratio of 0.35. What is the prob questions: ability that his application will be denied? ". Suppose that the applicant reduced this ratio to 0.30. What effert would this have on his probability of being denied a mortgage? c. Repeat (a) and (b) for a white applicant. ". Does the marginal effect of the P/I ratio on the probability of mortgage denial depend on race? Explain. Repeat Exercise 11.6 using the logit model in Equation (11.10). Are th 11.7 logit and probit results similar? Explain. 118 Consider the linear probability model Y, = So - Bixi+ us Wher Pr(Yi = 1 | Xi) = Bo + BX. a. Show that E(uj| X ) = 0. b. Show that var(u | X ) = (8 + BiXD[1 - (B + BiXD)). (Hint: Review Equation (2.7).] c. Is u, heteroskedastic? Explain. d. (Requires Section 11.3) Derive the likelihood function. 11.9 Use the estimated linear probability model shown in column (1) of Table 11.2 to answer the following: a. Two applicants, one white and one black, apply for a mortgage. They have the same values for all the regressors other than race. How much more likely is the black applicant to be denied a mortgage? b. Construct a 95% confidence interval for your answer to (a). c. Think of an important omitted variable that might bias the answer in (a). What is it, and how would it bias the results? ooo