Let and 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 as the dependent variable and as the independent variable, then the estimated coefficient of is ______ (rounded off to two decimal places).
| x=0 | x=1 | Total |
|---|---|---|
| y=0: 6 | y=0: 11 | 17 |
| y=1: 6 | y=1: 7 | 13 |
| Total: 12 | Total: 18 | 30 |
Checking your account…
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 | x=1 | Total | y=0: 6 | y=0: 11 | 17 | y=1: 6 | y=1: 7 | 13 | Total: 12 | Total: 18 | 30 |
Binary-choice and time-series models has come up 14 times in 2 exams since 2023.
This question is on Binary-choice models: linear probability, logit and probit, part of Binary-choice and time-series models in Econometrics.
Models for an outcome that is yes or no, and how to read their results.
TestStop has 5 past-paper questions on this subtopic.
Question from the GATE 2024 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.