We want to study the effect of financial record on mortgage application. The binary variable to be explained is approve, which equals one if a mortgage loan to an applicant i was approved, and zero otherwise. The key variable is pubrec which equals 1 if i filed bankruptcy before. Some covariates were also observed, including hrat (housing expenditure to total income), self (equals 1 if i was self employed), white (equals 1 for white applicants), and black (equals 1 for black applicants). The coefficient estimates (and standard errors in parentheses below the coefficient estimates) for Linear Probability Model (LPM), Probit and Logit models are reported in Table below (which can be downloaded for a better view).