Consider the following logit regression:
Pr(Y = 1 
X)= F (15.3 - 0.24 × X)
Calculate the change in probability for X increasing by 10 for X = 40 and X = 60.Why is there such a large difference in the change in probabilities?
Definitions:
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A step-by-step procedure or formula for solving a problem, often used in mathematics and computer science.
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The tiniest units within a language that hold semantic value.
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The extent to which a test measures what it claims to measure.
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The quality of being consistently good in quality or performance, able to be trusted.
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