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Question Four Suppose we have estimated the following logit model with 3 explanatory variables using maximum likelihood. 1 1+ e-(0.1+0.3x21-0.6x31+0.9x41) P₁ = Suppose also that x₂ = 1.6 x3 = 0.24 = 0.1 a) Find the estimate of F(z) b) Find the Marginal effects c) Give an interpretation of your results in (b)

Question Four Suppose we have estimated the following logit model with 3 explanatory variables using maximum likelihood. 1 1+ e-(0.1+0.3x21-0.6x31+0.9x41) P₁ = Suppose also that x₂ = 1.6 x3 = 0.24 = 0.1 a) Find the estimate of F(z) b) Find the Marginal effects c) Give an interpretation of your results in (b)

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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Question Four Suppose we have estimated the following logit model with 3 explanatory variables using maximum likelihood. 1 Pi = 1+e-(0.1+0.3X21-0.6X3;+0.9x41) Suppose also that &, = 1.6 x3 = 0.2 £4 = 0.1 a) Find the estimate of F(z;) b) Find the Marginal effects c) Give an interpretation of your results in (b)
Transcribed Image Text:Question Four Suppose we have estimated the following logit model with 3 explanatory variables using maximum likelihood. 1 Pi = 1+e-(0.1+0.3X21-0.6X3;+0.9x41) Suppose also that &, = 1.6 x3 = 0.2 £4 = 0.1 a) Find the estimate of F(z;) b) Find the Marginal effects c) Give an interpretation of your results in (b)
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