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= = In the following regression equation, y is a binary variable: y= Bo + Bixi +...+ Bkxk+u Notice that P(y = 1|x) = E
= = In the following regression equation, y is a binary variable: y= Bo + Bixi +...+ Bkxk+u Notice that P(y = 1|x) = E (y | x) where P(X) stands for probability of event X occurring So, P (y = 1 | x) = o + x1 + In this case, the estimated slope coefficient B1 measures = + Bxk a. the predicted change in the value of y when x increases by one unit, everything else remaining constant b. the predicted change in the value of y when X1 decreases by one unit, everything else remaining constant C. the predicted change in the probability of success when xy increases by one unit, everything else remaining constant d. the predicted change in the probability of success when xy decreases by one unit, everything else remaining constant
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