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Summary of the posterior distribution of the parameters for the full main effects model based on all mortgage default data for the year 2000.
| Parameter | Mean | SD | 2.5th | Median | 97.5th |
|---|---|---|---|---|---|
| β0 | -11.40 | 0.13 | -11.67 | -11.40 | -11.16 |
| β1 | -0.42 | 0.03 | -0.48 | -0.42 | -0.36 |
| β2 | -0.63 | 0.03 | -0.68 | -0.63 | -0.56 |
| β3 | 3.03 | 0.05 | 2.94 | 3.03 | 3.13 |
| β4 | 0.20 | 0.03 | 0.12 | 0.20 | 0.26 |
