Question: The results below represent the logit regression on the probability of taking out a loan. Assume that the equation is statistically significant. Coefficients: What is

The results below represent the logit regression on the probability of

The results below represent the logit regression on the probability of taking out a loan. Assume that the equation is statistically significant. Coefficients: What is the effect of increasing Family (number of people in family) on the probability of taking out a loan? Direction not magnitude. Select one: a. Cannot be determined b. Increases probability of taking out a loan c. Decreases probability of taking out a loan The results below represent the logit regression on the probability of taking out a loan. Assume that the equation is statistically significant. Coefficients: What is the effect of increasing Family (number of people in family) on the probability of taking out a loan? Direction not magnitude. Select one: a. Cannot be determined b. Increases probability of taking out a loan c. Decreases probability of taking out a loan

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