Using 40 observations, the following output was obtained when estimating the logit model. Predictor Coef SE Z

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Using 40 observations, the following output was obtained when estimating the logit model.

Predictor Coef SE Z P Constant 1.609 1.405 1.145 0.252 x1 – 0.194 0.143 – 1.357 0.177 x2 0.202 0.215 0.940 0.348 x3 0.223 0.086 2.593 0.010

a. What is the predicted probability when x1 = 15, x2 = 10, and x3 = – 2?

b. At the 5% significance level, which of the explanatory variables are significant?

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