Econometrics - Marginal Effects for Probit and Logit (and Marginal Effects in R)
This video covers the concept of getting marginal effects out of probit and logit models so you can interpret them as easily as linear probability models. I cover what marginal effects are, where they come from, and how we can get from an individual effect for everyone to a single representative number with a standard error. I also cover how we can get marginal effects from probit and logit models in R using the margins() function from the margins package.