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Question 2: Answer all parts of this question. The purpose of the following logit model is to assess whether stock market participation is influenced by

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Question 2: Answer all parts of this question. The purpose of the following logit model is to assess whether stock market participation is influenced by (logarithm of) income. Stock market participation is conceptualized as a binary random variable: Y-1 if an individual/household owns equity, zero otherwise. S,=-2.77231+0.347582 log(Income,) t - stat = (-3.35) (4.05) Pseudo R

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