Consider a binary response variable y and two predictor variables x₁ and x2. The following table contains the parameter estimates of the linear probability model (LPM) and the logistic regression model, with the associated p-values shown in parentheses. Variable Intercept X1 x2 x₁ = 4, X₂ = 17 x₁ = 4, X₂= 20 LPM -0.30 (0.02) 0.39 (0.03) -0.03 (0.02) a. What is the predicted probability implied by the linear probability model for x₁ = 4 with x2 equal to 17-and 20?Note: Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places. Report the probability between 0 and 1 (not in %). x₁ = 4, X₂ = 17 x₁ = 4, X2= 20 Logistic -1.80 (0.06) 0.97 (0.07) -0.20 (0.06) ŷ b. What is the predicted probability implied by the logistic model for x₁ = 4 with x2 equal to 17 and 20? Note: Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places. Report the probability between 0 and 1 (not in %). ŷ
Consider a binary response variable y and two predictor variables x₁ and x2. The following table contains the parameter estimates of the linear probability model (LPM) and the logistic regression model, with the associated p-values shown in parentheses. Variable Intercept X1 x2 x₁ = 4, X₂ = 17 x₁ = 4, X₂= 20 LPM -0.30 (0.02) 0.39 (0.03) -0.03 (0.02) a. What is the predicted probability implied by the linear probability model for x₁ = 4 with x2 equal to 17-and 20?Note: Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places. Report the probability between 0 and 1 (not in %). x₁ = 4, X₂ = 17 x₁ = 4, X2= 20 Logistic -1.80 (0.06) 0.97 (0.07) -0.20 (0.06) ŷ b. What is the predicted probability implied by the logistic model for x₁ = 4 with x2 equal to 17 and 20? Note: Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places. Report the probability between 0 and 1 (not in %). ŷ
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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