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In a Probit Model, the Interpretation of the Estimated Effect

question 6

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In a probit model, the interpretation of the estimated effect of X1 on the probability Y=1 depends on:


Definitions:

Positive Reinforcement

A technique in behavior management that involves rewarding a desired behavior, thereby increasing the likelihood that the behavior will occur again.

Negative Reinforcement

A method of increasing the probability of a behavior by removing or avoiding a negative condition or stimulus following the desired behavior.

Extinction

In psychology, the diminishing of a conditioned response, occurring when the reinforcement no longer follows the conditioned stimulus; in biology, the end or dying out of a species.

Emotional Reaction

The affective response an individual exhibits in reaction to an external or internal stimulus.

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