Question
Statistics, Econometrics & Mathematical Economics Question on Probability
Let x and y be two dummy variables that take the values of either 0 or 1, and follow the bivariate frequency distribution as given below. If a logit regression is estimated with y as the dependent variable and x as the independent variable, then the estimated coefficient of x is _____ (rounded off to two decimal places)x | 0 | 1 | Total |
---|---|---|---|
y | |||
0 | 6 | 11 | 17 |
1 | 6 | 7 | 13 |
Total | 12 | 18 | 30 |
Answer
The correct answer is -0.49 to 0.40 (approx)