(Solved): Consider a binary response variable y and an explanatory variable x. The foll ...

???????

Consider a binary response variable $$y$$ and an explanatory variable $$x$$. The following table contains the parameter estimates of the linear probability model (LPM) and the logistic regression model, with the associated p-values shown in parentheses. a. Test for the significance of the intercept and the slope coefficients at the $$5\%$$ level in both models. b. What is the predicted probability implied by the linear probability model for $$x=22$$ and $$x=21$$ ? (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.) Answer is not complete. c. What is the predicted probability implied by the logistic regression model for $$x=22$$ and $$x=21$$ ? (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.)