The following table contains the parameter estimates of the linear probability regression model and the logistic regression model. When considering a binary response variable y and two predictor variables, x1 and x2, What is the estimated linear probability implied by the logistic probability regression model for x1 = 3 with x2 = 9? Variable Intercept X₁ x2 O 1.87 O -0.87 O 0.50 O 0.35 Linear Probability -0.52 0.40 -0.02 Logistic -1.14 0.85 -0.14
The following table contains the parameter estimates of the linear probability regression model and the logistic regression model. When considering a binary response variable y and two predictor variables, x1 and x2, What is the estimated linear probability implied by the logistic probability regression model for x1 = 3 with x2 = 9? Variable Intercept X₁ x2 O 1.87 O -0.87 O 0.50 O 0.35 Linear Probability -0.52 0.40 -0.02 Logistic -1.14 0.85 -0.14
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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![The following table contains the parameter estimates of the linear probability regression model and the logistic regression model.
When considering a binary response variable y and two predictor variables, x1 and x2, What is the estimated linear probability implied
by the logistic probability regression model for x1 = 3 with x2 = 9?
Variable
Intercept
X₁
x2
O 1.87
O -0.87
O 0.50
O 0.35
Linear
Probability
-0.52
0.40
-0.02
Logistic
-1.14
0.85
-0.14](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2d3deebe-1939-4786-8ef1-1d67dd51d8b6%2F48a25574-d9ce-494d-a4a6-952b787b7032%2Fanair0p_processed.png&w=3840&q=75)
Transcribed Image Text:The following table contains the parameter estimates of the linear probability regression model and the logistic regression model.
When considering a binary response variable y and two predictor variables, x1 and x2, What is the estimated linear probability implied
by the logistic probability regression model for x1 = 3 with x2 = 9?
Variable
Intercept
X₁
x2
O 1.87
O -0.87
O 0.50
O 0.35
Linear
Probability
-0.52
0.40
-0.02
Logistic
-1.14
0.85
-0.14
![39-40 .The following table contains the parameter estimates of the linear probability regression model and the logistic regression
model. When considering a binary response variable y and two predictor variables, x1 and x2, What is the estimated linear
probability implied by the logistic probability regression model for x1 = 3 with x2 = 9?
Variable
Intercept
X₁
x2
O 0.35
O 1.87
-0.35
-0.87
Linear
Probability
-0.76
0.43
-0.02
Logistic
-1.12
0.85
-0.18](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2d3deebe-1939-4786-8ef1-1d67dd51d8b6%2F48a25574-d9ce-494d-a4a6-952b787b7032%2Fn2f8rxs_processed.png&w=3840&q=75)
Transcribed Image Text:39-40 .The following table contains the parameter estimates of the linear probability regression model and the logistic regression
model. When considering a binary response variable y and two predictor variables, x1 and x2, What is the estimated linear
probability implied by the logistic probability regression model for x1 = 3 with x2 = 9?
Variable
Intercept
X₁
x2
O 0.35
O 1.87
-0.35
-0.87
Linear
Probability
-0.76
0.43
-0.02
Logistic
-1.12
0.85
-0.18
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