Hi all,

I’ve been reading about this issue and I read pretty much all related topics but I still couldn’t understand the way we interpret the average marginal effect of a continuous variable.

If my model is

Code:
xtprobit y1 x1 x2
where x1 is a continuous independent variable.

I used the following to get the marginal effects:

Code:
margins, dydx(*)
What is the correct interpretation of the marginal effect if I found it -0.09 for x1? Is the following correct if we assume that x1 varies between -0.5 and 0.5:

“The average marginal effect on probability y=1(dichotomous dependent variable) associated with a 1 percentage increase in x1(continuous independent variable) is a 9 percentage point decrease.”

Many thanks