Consider a binary response variable y and an explanatory variable x that varies between 0 and 4 The linear model is estimated as 1 11 0 54x a Compute the estimated probability for x 2 and x 3 b For what values of x is the estimated probability negative or greater than one ...

a The estimated probability for x 2 is the esti ...

Consider a binary response variable y and an explanatory variable x that varies between 0 and 4.

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Consider a binary response variable y and an explanatory variable x that varies between 0 and 4. The linear model is estimated as Ŷ = −1.11 + 0.54x.

a. Compute the estimated probability for x = 2 and x = 3.

b. For what values of x is the estimated probability negative or greater than one?

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Business Statistics Communicating With Numbers

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Question Posted: Dec 20, 2016 09:41 AM

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Consider a binary response variable y and an explanatory variable x that varies between 0 and 4.

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Business Statistics Communicating With Numbers

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