Solveeit Logo

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)x01Total
y
061117
16713
Total121830
Answer

The correct answer is -0.49 to 0.40 (approx)