How Is the Average Marginal Effect Calculated for a Probit

question 12

Multiple Choice

How is the average marginal effect calculated for a probit or logit model?

• A)taking the marginal effect at the mean of the sample
• B)mean marginal effects are always .5 in a binary choice model
• C)calculate the marginal effects for each observation,then take the mean
• D)take the mean of the marginal effects at the 5^th and 95^th percentile

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