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(Solved): The following table contains the parameter estimates of the linear probability model and the logist ...





The following table contains the parameter estimates of the linear probability model and the logistic regression model, When
The following table contains the parameter estimates of the linear probability model and the logistic regression model, When considering a binary response variable \( y \) and two predictor variables, \( x_{1} \) and \( x_{2} \). what is the predicted probability implied by the logistic regression model for \( x_{1}=2 \) with \( x_{2}=15 \) ? (Hint: for logit, the model is \( \left.\vec{y}=\frac{\left.e q h_{0}+b_{1} x_{y}+b_{2} x_{2}\right)}{1+e y\left(b_{0}+h_{1} x_{1}+b_{2} x_{2}\right.}{ }^{2}\right) \) ) Muliple Choice \[ -5.16 \] \[ 0.838 \] \[ 0.005 \] \[ 0.006 \]


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