In the Following Regression Equation, Y Is a Binary Variable

question 27

Multiple Choice

In the following regression equation, y is a binary variable: y = ₀+ ₁x₁+… _k x_k+ u
In this case, the estimated slope coefficient, measures _____.

• A)the predicted change in the value of y when x₁ increases by one unit, everything else remaining constant
• B)the predicted change in the value of y when x₁ decreases by one unit, everything else remaining constant
• C)the predicted change in the probability of success when x₁ decreases by one unit, everything else remaining constant
• D)the predicted change in the probability of success when x₁ increases by one unit, everything else remaining constant

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