Variable Intercept x1 X2 Variable a. At the 5% significance level, comment on the significance of the variables for both models. x₁ X2 LPM -0.30 (0.03) 0.27 (0.06) -0.05 (0.02) x₁ = 10, x₂ = 14 x₁ = 10, X₂ = 25 Logistic -2.50 (0.03) 1.03 (0.07) -0.30 (0.01) x₁ = 10, X₂ = 14 x₁ = 10, x₂ = 25 LPM Not significant Significant b. What is the predicted probability implied by the linear probability model for x₁ = 10 with x2 equal to 14 and 25? 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 %). ý Logistic Not significant Significant What is the predicted probability implied by the logistic model for x₁ = 10 with x2 equ to 14 and 25? 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 %). у
Variable Intercept x1 X2 Variable a. At the 5% significance level, comment on the significance of the variables for both models. x₁ X2 LPM -0.30 (0.03) 0.27 (0.06) -0.05 (0.02) x₁ = 10, x₂ = 14 x₁ = 10, X₂ = 25 Logistic -2.50 (0.03) 1.03 (0.07) -0.30 (0.01) x₁ = 10, X₂ = 14 x₁ = 10, x₂ = 25 LPM Not significant Significant b. What is the predicted probability implied by the linear probability model for x₁ = 10 with x2 equal to 14 and 25? 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 %). ý Logistic Not significant Significant What is the predicted probability implied by the logistic model for x₁ = 10 with x2 equ to 14 and 25? 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 %). у
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:Variable
Intercept
x1
X2
Variable
X₁
X2
LPM
-0.30
(0.03)
0.27
(0.06)
-0.05
(0.02)
a. At the 5% significance level, comment on the significance of the variables for both
models.
x₁ = 10, X₂ = 14
x₁ = 10, X₂= 25
Logistic
-2.50
(0.03)
x₁ = 10, x₂ = 14
X₁ = 10, x₂ = 25
LPM
Not significant
Significant
1.03
(0.07)
b. What is the predicted probability implied by the linear probability model for x₁ = 10
with x2 equal to 14 and 25?
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
-0.30
(0.01)
у
Logistic
Not significant
Significant
What is the predicted probability implied by the logistic model for x₁ = 10 with x2 equal
to 14 and 25?
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 %).
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