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The population logit model of the binary dependent variable Y with a single regressor is Logistic functions also play a role in econometrics when the dependent variable is not a
binary variable.For example, the demand for televisions sets per household may be a
function of income, but there is a saturation or satiation level per household, so that a
linear specification may not be appropriate.Given the regression model sketch the regression line.How would you go about estimating the coefficients?
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