Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

9. When calculating the marginal effects from a Probit or Logit, there are two ways to do that. One is partial effect at the average,

image text in transcribed
9. When calculating the marginal effects from a Probit or Logit, there are two ways to do that. One is partial effect at the average, and the other is average marginal effect (refer to chapter 17 section one). Which one is, generally speaking, considered more appropriate? (4pts) A. Partial effect at the average B. Average marginal effect

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Capital Markets Financial Management And Investment Management

Authors: Frank J. Fabozzi, Pamela Peterson Drake

1st Edition

0470407352, 978-0470407356

More Books

Students also viewed these Finance questions

Question

Where in the hiring process are you?

Answered: 1 week ago

Question

1 What is meant by systematic training?

Answered: 1 week ago