where, | Y | = | 0, 1 variable indicating whether the family's response is correct, |
Pj | = | indicator variables for the type of insurance plan, | |
X | = | vector of other family characteristics, | |
e | = | error term, | |
δj, β | = | parameters to be estimated. |
where, | Y | = | 0, 1 variable indicating whether the family's response is correct, |
Pj | = | indicator variables for the type of insurance plan, | |
X | = | vector of other family characteristics, | |
e | = | error term, | |
δj, β | = | parameters to be estimated. |