Multiple Choice
If you are planning on running the regression model given by Tenurei = β0 + β1Salaryi + β2Years of Educationi + Ui, which of the following situations would cause this model to have a limited dependent variable?
A) No one in the company earns more $130,000 a year.
B) Everyone in the company earns at least $65,000 a year.
C) No one can have negative years of education.
D) No one can have negative tenure at the company.
Correct Answer:

Verified
Correct Answer:
Verified
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