If you were to estimate the linear probability model for whether or not a student passed their econometrics class and how that relates to if they are a business major (1 if yes, 0 if other), what will the coefficient on the dichotomous business major variable be?
A. The average pass rate of all students
B. The econometrics class pass rate of business majors
C. The econometrics class pass rate of non-business majors
D. The difference in pass rates of business majors and non-business majors
Answer: D
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