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A study wants to find out the factors that influence a worker to join a trade union organization. The model used is shaped like: Z = Bo + B₁x₁ + B₂X₂ + B3x3 + BAXA

A study wants to find out the factors that influence a worker to join a trade union organization. The model used is shaped like: Z = Bo + B₁x₁ + B₂X₂ + B3x3 + BAXA

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Logit models
A study wants to find out the factors that influence a worker to join a trade union organization. The model used is shaped like: Z = B₁ + B₁x₁ + B₂X₂ + B3X3 + B4X4 where X1 Working age X2: Length of School X3: 1 Work in the city, 0 = does not work in the city X4: 1 = Black race, 0 = not a black race From the results of regression with 160 samples, a model form such as: Z = -2.94 + 0.0097x₁ +0.0787x2 +0.2747x3 + 0.5548x4 Using the logit model, what is the probability of a worker joining a union organization when he is 30 years old, 9 years old in school, working in the city and not black?
Transcribed Image Text:A study wants to find out the factors that influence a worker to join a trade union organization. The model used is shaped like: Z = B₁ + B₁x₁ + B₂X₂ + B3X3 + B4X4 where X1 Working age X2: Length of School X3: 1 Work in the city, 0 = does not work in the city X4: 1 = Black race, 0 = not a black race From the results of regression with 160 samples, a model form such as: Z = -2.94 + 0.0097x₁ +0.0787x2 +0.2747x3 + 0.5548x4 Using the logit model, what is the probability of a worker joining a union organization when he is 30 years old, 9 years old in school, working in the city and not black?
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