For Probit/logit Models the Size of the Marginal Effect Calculated

question 24

Multiple Choice

For probit/logit models the size of the marginal effect calculated will be a function of the estimated coefficient in addition to the:

• A) size of the independent variable change.
• B) standard error on that coefficient estimate.
• C) r-squared of the regression.
• D) adjusted r-squared.

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Definitions:

Manufacturing Facilities

Buildings or complexes where goods are produced on a large scale using machinery and human labor.

Neoliberalism

An economic and political ideology advocating for reduced government intervention in the economy, free-market principles, deregulation, and globalization to foster economic growth and efficiency.

Development Strategy

A plan of action designed to achieve specific long-term goals or outcomes, usually related to economic growth or societal improvement.

Industrializing

The process of transforming an economy to be based largely on manufacturing industries rather than agriculture.