(b) Assume that you obtain the following econometric results from estimating two different Logit models to compute default probability using a large sample of cross-sectional data on investment grade corporate bonds, where default is 1 and no default is 0 Model 1 CONST WC/TA RE/TA EBIT/TA ME/TL S/TA 0.545 0.540 0.750-2.000 1.0441.150 3.320 1.112 2.424 3.210 -2.102 1.60 2 0.850 Model 2 CONST RE/TA EBIT/TA ME/TL Pi 1.150 0.595 -2.832 0.650 4.140 2.575 -8.428 2.031 0.800 2 LR-Test for 2- B6 -0 in model 1 LR- 0.944 Evaluate the results for each of these models and on the basis of the information given, explain which model is statistically preferred 50% (b) Assume that you obtain the following econometric results from estimating two different Logit models to compute default probability using a large sample of cross-sectional data on investment grade corporate bonds, where default is 1 and no default is 0 Model 1 CONST WC/TA RE/TA EBIT/TA ME/TL S/TA 0.545 0.540 0.750-2.000 1.0441.150 3.320 1.112 2.424 3.210 -2.102 1.60 2 0.850 Model 2 CONST RE/TA EBIT/TA ME/TL Pi 1.150 0.595 -2.832 0.650 4.140 2.575 -8.428 2.031 0.800 2 LR-Test for 2- B6 -0 in model 1 LR- 0.944 Evaluate the results for each of these models and on the basis of the information given, explain which model is statistically preferred 50%