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问题如下：

Based on the output for Logistic Regression 1 and the information in the table above, which of the following alternatives is closest to the change in the probability that an ETF will be a winning fund if its price-to-earnings ratio increases by one unit and all else stays constant?

选项：

17.0%

0.16%

1.5%

解释：

B is correct. Keeping all the independent variables’ average values ffxed and increasing the P/E value by 1, from 15.1743 to 16.1743, yields the new probability.

From the previous question, we know that the marginal probability is 5.67%. Therefore, the marginal increase in the probability of an average ETF being a winner went up 5.82% − 5.67% = 0.15%. A one-unit change in the P/E of an ETF will increase the probability of it becoming a winning fund by 0.15%, and therefore, B is the closest answer.