In the expression Pr(deny = 1| P/I Ratio, black) = ?(-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.
Ans: B) is 6.1 percentage points.
Economics
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