Suppose You Estimate a Logit Model Explaining the Probability of Entering

question 5

Multiple Choice

Suppose you estimate a logit model explaining the probability of entering the labor force and you get the following estimated coefficients $Lab\widehat {or ~F}orce _ { i } = 4.83 + 1.27 \text { Education } _ { i } - 3.06 \text { Female } _ { i } + 2.91 \text { Children Under 6} _ { i }$
You should conclude that

• A)men are estimated to be 306 percent more likely than women to enter the labor force.
• B)men are estimated to be more likely than women to enter the labor force.
• C)each additional year of education increase the likelihood of entering the labor force by 483 percent.
• D)men are estimated to be 3.06 percent more likely than women to enter the labor force.

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Definitions:

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding.

Populations

Groups of individuals of the same species living and interbreeding within a given area.

Area

is a measure of the extent of a two-dimensional surface or shape, expressed in square units.

Biosphere

The global ecological system integrating all living beings and their relationships, including their interaction with the elements of the lithosphere, hydrosphere, and atmosphere.