Dear Statalist,
I'm running a logit model and one of my coefficients is -1.0954 and statistically significant at 1% level. In one of the papers I read, they interpreted coefficients in logit as "percentage points", so in my case that would mean that a company is 109.5 percentage points less likely to be affected, which doesn't really make sense. Will be grateful for your insights.
Thank you!
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