Consider the following probit regression $$\operatorname { Pr } ( Y = 1 \mid X ) = \Phi ( 8.9 - 0.14 \times X )$$ 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?

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The Answer of Consider the following probit regression $$\operatorname { Pr } ( Y = 1 \mid X ) = \Phi ( 8.9 - 0.14 \times X )$$ 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 Probit Regression Pr⁡(Y=1∣X)=Φ(8.9−0.14×X)\operatorname { Pr } ( Y = 1 \mid X ) = \Phi ( 8.9 - 0.14 \times X )Pr(Y=1∣X)=Φ(8.9−0.14×X)

Consider the Following Probit Regression $\operatorname { Pr } ( Y = 1 \mid X ) = \Phi ( 8.9 - 0.14 \times X )$