Let x and y be two dummy variables that take the values of either 0 or 1, and follow the bivariate frequency distribution as given below. If a logit regression is estimated with y as the dependent variable and x as the independent variable, then the estimated coefficient of x is _____ (rounded off to two decimal places)x 0 1 Total y 0 6 11 17 1 6 7 13 Total 12 18 30
| x | 0 | 1 | Total |
| y | |||
| 0 | 6 | 11 | 17 |
| 1 | 6 | 7 | 13 |
| Total | 12 | 18 | 30 |
Correct Answer: -0.49
Solution and Explanation
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