Probit Model (Probit Regression): Definition
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Exhibit 16-4In a laboratory experiment, data were gathered on the life span (y in months) of 33 rats, units of daily protein intake (x1), andwhether or not agent x2 (a proposed life-extending agent) was added to the rats' diet (x2 = 0 if agent x2 was not added, and x2= 1 if agent was added). From the results of the experiment, the following regression model was developed:ŷ = 36 .8x1 - 1.7x2Also provided are SSR = 60 and SST = 180.If we want to test for the significance of the model, the critic
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