Redraw figure 15.6 under the assumption that b is negative. Assume also that (a + bxi) is
Question:
Redraw figure 15.6 under the assumption that b is negative. Assume also that
−(a + bxi) is positive but close to zero. In what direction does an increase in xi change the probability of observing an outcome in excess of −(a + bxi)? Is this consistent with our understanding of the interpretation associated with the sign of b? Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: