In the following regression equation,y is a binary variable: y= β₀+β₁x₁+…β_kx_k+ u In this case,the estimated slope coefficient, measures _____. A)the predicted change in the value of y when x₁ increases by one unit,everything else remaining constant B)the predicted change in the value of y when x₁ decreases by one unit,everything else remaining constant C)the predicted change in the probability of success when x₁ decreases by one unit,everything else remaining constant D)the predicted change in the probability of success when x₁ increases by one unit,everything else remaining constant

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The Answer of In the following regression equation,y is a binary variable: y= β₀+β₁x₁+…β_kx_k+ u In this case,the estimated slope coefficient, measures _____. A)the predicted change in the value of y when x₁ increases by one unit,everything else remaining constant B)the predicted change in the value of y when x₁ decreases by one unit,everything else remaining constant C)the predicted change in the probability of success when x₁ decreases by one unit,everything else remaining constant D)the predicted change in the probability of success when x₁ increases by one unit,everything else remaining constant

In the Following Regression Equation,y Is a Binary Variable: Y=