Consider the following logit regression:
Pr(Y = 1 X)= F (15.3 - 0.24 × 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

Consider the following logit regression:
Pr(Y = 1  X)= F (15.3 - 0.24 × 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?

Quizplus · Accepted Answer

The Answer of Consider the following logit regression:
Pr(Y = 1  X)= F (15.3 - 0.24 × 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