Suppose we obtain model estimates that yield predicted conditional mean (widehat{E}[y mid x]=exp (1+0.01 x) /[1+exp (1+0.01
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Suppose we obtain model estimates that yield predicted conditional mean \(\widehat{E}[y \mid x]=\exp (1+0.01 x) /[1+\exp (1+0.01 x)]\). Suppose the sample is of size 100 and \(x\) takes integer values \(1,2, \ldots, 100\). Obtain the following estimates of the estimated marginal effect \(\partial \widehat{\mathrm{E}}[y \mid x] / \partial x\).
(a) The average marginal effect over all observations.
(b) The marginal effect of the average observation.
(c) The marginal effect when \(x=90\).
(d) The marginal effect of a one-unit change when \(x=90\), computed using the finite-difference method.
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Microeconometrics Methods And Applications
ISBN: 9780521848053
1st Edition
Authors: A.Colin Cameron, Pravin K. Trivedi
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