Use the Probit sheet. The Department of Health Services aims…
Use the Probit sheet. The Department of Health Services aims to predict whether an individual will receive an annual flu shot using a probit regression model based on community health survey data. As predictors, the model considers age (in years), income (in thousands), health insurance coverage (1 if insured, 0 otherwise), and length of residence (measured by the number of years the person has lived in their current zip code). The Probit sheet contains the descriptive statistics and probit regression results. Based on these results, interpret the coefficient (B) on “income”. (Hint: Use the term “z-score in favor of receiving a flu shot”)