Multiple Choice
Which interpretation of a linear probability regression model represents the estimate ^P = -40 + 0.05x?
A) for each 1 unit increase in x, the predicted probability ^P decreases by 0.05.
B) for each 40 unit decrease in x, the predicted probability ^P increases by 40.
C) for each 1 unit increase in x, the predicted probability ^P increases by 0.05.
D) for each 0.05 unit increase in x, the predicted probability ^P decreases by 40.
Correct Answer:

Verified
Correct Answer:
Verified
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