Show transcribed image text Consider a binary varia ble y and an explanatory variable x. The following table contains the parameter estimates of the logit model. Variable Constant Coefficient -6 What is the predicted probability implied by the logit model for x 3? (Round your answer to 2 decimal places.)
Consider a binary varia ble y and an explanatory variable x. The following table contains the parameter estimates of the logit model. Variable Constant Coefficient -6 What is the predicted probability implied by the logit model for x 3? (Round your answer to 2 decimal places.)