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You have parameterized a simple logistic regression model for a basic circumstance in your job. The beta coefficient for the (continuous) independent variable is .0293.
You have parameterized a simple logistic regression model for a basic circumstance in your job. The beta coefficient for the (continuous) independent variable is .0293. Your boss looks at the model and says "So the probability of Y happening increases by about 3% for every one-unit change in X." How would you diplomatically correct your boss's thinking on this
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