Question: Which interpretation of a linear probability regression model represents the estimate P-hat = 40 + .05 x ? A. for each 1 unit increase in
Which interpretation of a linear probability regression model represents the estimate P-hat = 40 + .05x?
A. for each 1 unit increase in x, the predicted probability P-hat increases by 0.05.
B. for each 1 unit increase in x, the predicted probability P-hat decreases by 0.05.
C. for each 40 unit decrease in x, the predicted probability P-hat increases by 40.
D. for each .05 unit increase in x, the predicted probability P-hat decreases by 40.
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