Using 40 observations, the following output was obtained when estimating the logit model. a. What is the
Question:
Using 40 observations, the following output was obtained when estimating the logit model.
a. What is the predicted probability when x1 = 15, x2 = 10, and x3 = − 2?
b. At the 5% significance level, which of the explanatory variables are significant?
Transcribed Image Text:
Predictor Coef SE Constant .609 1.405 1.145 0.252 -0.1940.1431.357 0.177 0.202 0.2150.9400.348 0.223 0.0862.5930.010 X3
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a The logit model is estimated as When b With a p value o...View the full answer
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780078020551
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly
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