Obtain the predicted probabilities of having a savings account if gender is male and income is the average income.

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

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Topic: Idv - savings - income - gender //

Use the database located here:

 

The file holds information about financial burden in colombian households for 2016. There are 277 variables, described in the labels.

Perform a LDV estimation to explain having a savings account (p2584), from income (ingreso), and gender(p35).

1. Obtain the predicted probabilities of having a savings account if gender is male and income is the average income.

2. Find the necesary income so the probability of having a savings account is higher than 80% and gender is female.

Note: If estimation does not converge quickly, use option "iterate(20)" after the estimation command, this will generate a result afte 20 iterations.

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