In the expression Pr(deny = 1 P/I Ratio,black)= Φ(-2.26 + 2.74P/I ratio + 0.71black),the effect of increasing the P/I ratio from 0.3 to 0.4 for a white person
A)is 0.274 percentage points.
B)is 6.1 percentage points.
C)should not be interpreted without knowledge of the regression R2.
D)is 2.74 percentage points.

Question

In the expression Pr(deny = 1  P/I Ratio,black)= Φ(-2.26 + 2.74P/I ratio + 0.71black),the effect of increasing the P/I ratio from 0.3 to 0.4 for a white person
A)is 0.274 percentage points. 
B)is 6.1 percentage points. 
C)should not be interpreted without knowledge of the regression R2. 
D)is 2.74 percentage points.

Quizplus · Accepted Answer

The Answer of In the expression Pr(deny = 1  P/I Ratio,black)= Φ(-2.26 + 2.74P/I ratio + 0.71black),the effect of increasing the P/I ratio from 0.3 to 0.4 for a white person
A)is 0.274 percentage points. 
B)is 6.1 percentage points. 
C)should not be interpreted without knowledge of the regression R2. 
D)is 2.74 percentage points.

In the Expression Pr(deny = 1 P/I Ratio,black)= Φ(-2