Suppose You Estimate a Logit Model Explaining the Probability of Entering

question 31

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)that a higher education level increases the probability of being in 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:

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