Consider the following logit regression: $$\operatorname { Pr } ( Y = 1 \mid X ) = F ( 15.3 - 0.24 \times X )$$ Calculate the change in probability for $X$ increasing by 10 for $X = 40$ and $X = 60$. Why is there such a large difference in the change in probabilities?

Question

Quizplus · Accepted Answer

The Answer of Consider the following logit regression: $$\operatorname { Pr } ( Y = 1 \mid X ) = F ( 15.3 - 0.24 \times X )$$ Calculate the change in probability for $X$ increasing by 10 for $X = 40$ and $X = 60$. Why is there such a large difference in the change in probabilities?

Consider the Following Logit Regression Pr⁡(Y=1∣X)=F(15.3−0.24×X)\operatorname { Pr } ( Y = 1 \mid X ) = F ( 15.3 - 0.24 \times X )Pr(Y=1∣X)=F(15.3−0.24×X)

Consider the Following Logit Regression $\operatorname { Pr } ( Y = 1 \mid X ) = F ( 15.3 - 0.24 \times X )$