How to take a derivative (i.e., how to find the slope of a curve) words
For terms with exponents, bring down the exponent and then subtract one from the exponent.
To compute the slope of a logit and probit…
we must pick our values of X, and compute the slope at that point. Often, this is done at the mean value of X.
The consequence of measurement error in the dependent variable is …
that there is less precision in the estimates of the coefficients (e.e., higher standard errors).
A larger sample size can mitigate the problem of
of measurement error in the dependent variable (but that doesn’t help mitigate bias caused by measurement error in the independent variable. )