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The Estimated Logit Regression in Your Textbook Is Pr( deny =1 P/Iratio,black )^\widehat{\operatorname { Pr } ( \text { deny } = 1 \mid \text { P/Iratio,black } )}

question 44

Essay

The estimated logit regression in your textbook is Pr( deny =1 P/Iratio,black )^\widehat{\operatorname { Pr } ( \text { deny } = 1 \mid \text { P/Iratio,black } )} = F(-4.13 + 5.37 P/Iratio + 1.27 black)
Using a spreadsheet program, such as Excel, generate a table with predicted probabilities for both whites and blacks using P/I Ratiovalues between 0 and 1 and increments of 0.05.


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