The purpose of the logit model was to determine car ownership as a function of (logarithm of) income

From a household budget survey of 2006 of CSA, a researcher obtained the following logit model based on a sample of 2820 households. The purpose of the logit model was to determine car ownership as a function of (logarithm of) income. Car ownership was a binary variable: Y=1 if a household owns... Read More https://is.gd/Rkaeuy

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