The following economic model predicts whether a voter will vote for an incumbent school board member INCUMBENT = $\beta$₁ + $\beta$₂ MALE + $\beta$₃PARTY + $\beta$₄MARRIED + $\beta$₅KIDS Where INCUMBENT = 1 if the voter votes for them,0 otherwise, MALE = 1 if the voter is a male, PARTY indicates the voter is registered with the same political party as the incumbent, MARRIED = 1 for married voters,0 otherwise,and KIDS is the number of school age kids living in the voter's house. How should we interpret $\beta$₄? A)the likelihood the incumbent candidate is married B)the percentage of married voters who vote for the incumbent C)the probability a married person is registered to vote D)the difference in probability a married voter will vote for the incumbent as opposed to an unmarried voter

Question

Quizplus · Accepted Answer

F1F1F1S1F1F1F10S1U1B14S1U1B0 represents the coefficient of the interaction term between being married (S1U1B15 = 1) and supporting the incumbent (S1U1B14 = 1). Specifically, it represents the difference in the probability that a married voter will vote for the incumbent compared to an unmarried voter. Therefore, the correct interpretation is D, the difference in probability a married voter will vote for the incumbent as opposed to an unmarried voter.

The Following Economic Model Predicts Whether a Voter Will Vote β\betaβ

The Following Economic Model Predicts Whether a Voter Will Vote $\beta$