Out of the 10 explanatory variables, education is the most relevant; the

marginal probability that a high school graduate will attend a sporting event is four times that of someone with little schooling, while that of a college graduate is seven times higher.

The

marginal probability associated with the Litigation Problem dummy (untabulated) is -0.

After the messages stabilize, we can calculate the

marginal probability of assigning [Y.

Based upon the statistics provided by the Insurance Institute of Highway Safety, the

marginal probability of an accident in the year 2000 was 3.

Because multinomial logit coefficients do not represent marginal effects, Table 7 calculates the changes in the

marginal probability of choosing a business, engineering, or one of the remaining majors; no major choice is the omitted category.

According to our estimate, there is only a

marginal probability (i.

In order to compare the results from the RE specification to those from the independent error specification, it is necessary to obtain the

marginal probability of receiving training in one period that is implied by the RE estimation.

The

marginal probability effect is the estimated impact of a one-unit change in the explanatory variable on the probability that a worker is covered by a pension evaluated at the sample mean.

For each kth variable, the

marginal probability measures its effect on changing the risk of leaving the community, as follows:

USEPLAN has the highest estimated

marginal probability7) The probit coefficient estimates are converted into

marginal probability effects in the lower panel of the Table.

This tells us that interest rate traders believe short-term interest rates will largely remain unchanged through the medium term, with a

marginal probability of a Swiss National Bank rate hike in the longer-term.