ichotomous. In such a situation, one could create a new variable, Y2, wherein the value would be "0" if the son did not graduate from college or "1" if the son did so graduate, which would yield the following equation:
The only information that could be obtained from the above equation is an indication of how much greater the probability is that a son will graduate from college that is associated with one additional year of formal educational attainment on the part of a father. In this case, however, there exists reason to believe that the relationship between the highest level of formal educational attainm
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