Hi all,
I have a question about interpreting average marginal effects. So, I am looking at the following table from a probit where Y=0 if you lose something and Y=1 if you win something.:
Control Mean ITT Average Marginal Effect
0.198 −0.379** −0.095
If the control mean is .198, can you interpret the average marginal effect in terms of it? This is a huge effect right? Am I interpreting this right?
Thanks!
Lindsey
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