Multiple Choice
OLS is not the preferred model with binary dependent variables because it
A) does not account for negative values.
B) only accounts for positive values.
C) estimates constant marginal effects.
D) does not account for values greater than 1.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: What is a probit model? Why is
Q30: Suppose you are interested in explaining
Q31: Suppose you estimate a logit model
Q32: The assumption required for the multinomial logit
Q33: The coefficient estimates from the multinomial logit
Q35: The coefficient estimates from the multinomial logit
Q36: What is a logit model? Why is
Q37: The coefficient estimates from the logit model<br>A)indicate
Q38: The multinomial logit is preferable to OLS
Q39: When using the logit model,estimated marginal effects