The multiple linear regression model with a binary dependent variable is called the linear probability model.
Answer the following statement true (T) or false (F)
True
Rationale: FEEDBACK: The multiple linear regression model with a binary dependent variable is called the linear probability model.
You might also like to view...
Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
Real GDP will increase
A) only if the quantity of final goods and services produced rises. B) if either the price level rises or the quantity of final goods and services produced rises. C) only if the price level rises. D) only if the price level falls.
Refer to the above figure. The figure gives the payoff matrix for two individuals who are being accused of robbing a bank together. Which of the following is the outcome of the dominant strategy without cooperation?
A) Both confess. B) Both don't confess. C) Bob confesses while Harry does not confess. D) Harry confesses while Bo does not confess.
A normal good is a good for which demand increases as:
a. the income of consumers increases. b. its own price increases. c. the price of close substitutes decreases. d. the total number of consumers increases. e. a reflection of changing consumer tastes.