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this is the complete question Problem#2: The following model is a GLogit regression where logit is defining as log odd in favor of family having
this is the complete question
Problem#2: The following model is a GLogit regression where logit is defining as log odd in favor of family having house with given income (in million rupees). =-1.824+0.089 Familyincome (-10.36) (8.96) Calculate the probability of owning a house of a group of family income 20million. Can you guess by intuition what numbers are given in the parentheses? Problem#2: The following model is a GLogit regression where logit is defining as log odd in favor of family having house with given income (in million rupees). =-1.824+0.089 Familyincome (-10.36) (8.96) Calculate the probability of owning a house of a group of family income 20million. Can you guess by intuition what numbers are given in the parenthesesStep by Step Solution
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