Question:

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)
x01Total
y
061117
16713
Total121830

Updated On: Jul 18, 2024
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Correct Answer: -0.49

Solution and Explanation

The correct answer is -0.49 to 0.40 (approx)
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