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Consider a binary response variable y and two predictor variables x 1 and x 2 . The following table contains the parameter estimates of the
Consider a binary response variable y and two predictor variables x1 and x2. The following table contains the parameter estimates of the linear probability model (LPM) and the logistic regression model, with the associated p-values shown in parentheses.
Variable | LPM | Logistic |
---|---|---|
Intercept | ?0.50 | ?1.90 |
(0.02) | (0.06) | |
x1 | 0.26 | 0.99 |
(0.06) | (0.06) | |
x2 | ?0.06 | ?0.30 |
(0.01) | (0.04) |
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