Dear talkstats-community,
I already spent hours on websearch for an answer on a question I have regarding the interpretation of marginal effects (at means) of probit regressions.
How can I explicitly interpret a marginal effect of a variable that enters in
1) logarithmized form (eg. monthly turnover (log))
2) in form of a percentage? (eg. profit share)
I would be very thankful for your help or an example.
Best
M.
I already spent hours on websearch for an answer on a question I have regarding the interpretation of marginal effects (at means) of probit regressions.
How can I explicitly interpret a marginal effect of a variable that enters in
1) logarithmized form (eg. monthly turnover (log))
2) in form of a percentage? (eg. profit share)
I would be very thankful for your help or an example.
Best
M.