Question: Using 30 observations, the following regression output is obtained from estimating the linear probability model y = 0 + 1x + . a. What is

Using 30 observations, the following regression output is obtained from estimating the linear probability model y = β0 + β1x + ɛ.

Using 30 observations, the following regression output is obtained from

a. What is the predicted probability when x = 20?
b. Is x significant at the 5% level?

Intercept 1.31 -0.04 Coefficients Standard ErrorStp-Value .17 0.0002 -2.67 0.0125 0.31 0.01

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