Regression Equation: What it is and How to use it

The variable smokes is a binary variable equal to one if a person smokes, and zero otherwise. We estimate a linear probability model for smokes:smokes = .783 ? .035educ .020 age ? .00031 age^2 ? .151 restaurn ? .026 white(0.856) (0.006) (0.005) (0.00006) (0.038) (0.050)The variable white equals one if the respondent is white, and zero otherwise; restaurn equals one if the person lives in a region with restaurant smoking restrictions; educ is the person's education years; age is the person's ag

In Example 7.12, we estimated a linear probability model for wh... | Filo