Using a sample of 50, the following regression output is obtained from estimating the linear probability regression model y = 30 + B1x + ε. What is the predicted probability when x = 14? Coefficients Intercept X O 8.34 O 0.72 O 4.42 O 3.86 4.14 -0.02 Standard Error 0.30 0.03 t Stat 1.45 -4.65 P-value 0.0001 0.0000
Using a sample of 50, the following regression output is obtained from estimating the linear probability regression model y = 30 + B1x + ε. What is the predicted probability when x = 14? Coefficients Intercept X O 8.34 O 0.72 O 4.42 O 3.86 4.14 -0.02 Standard Error 0.30 0.03 t Stat 1.45 -4.65 P-value 0.0001 0.0000
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
Problem 10CR
Related questions
Question
![Using a sample of 50, the following regression output is obtained from estimating the linear probability regression
model y = 30 + B1x + ε. What is the predicted probability when x = 14?
Intercept
X
8.34
O 0.72
4.42
O 3.86
Coefficients
4.14
-0.02
Standard
Error
0.30
0.03
t Stat
1.45
-4.65
P-value
0.0001
0.0000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2d3deebe-1939-4786-8ef1-1d67dd51d8b6%2F12b6b07e-18f2-4435-90bc-dcb4f6d1f8af%2F0ph5n7b_processed.png&w=3840&q=75)
Transcribed Image Text:Using a sample of 50, the following regression output is obtained from estimating the linear probability regression
model y = 30 + B1x + ε. What is the predicted probability when x = 14?
Intercept
X
8.34
O 0.72
4.42
O 3.86
Coefficients
4.14
-0.02
Standard
Error
0.30
0.03
t Stat
1.45
-4.65
P-value
0.0001
0.0000
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Calculus For The Life Sciences](https://www.bartleby.com/isbn_cover_images/9780321964038/9780321964038_smallCoverImage.gif)
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Calculus For The Life Sciences](https://www.bartleby.com/isbn_cover_images/9780321964038/9780321964038_smallCoverImage.gif)
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill