In the Binary Dependent Variable Model, a Predicted Value of 0.6

Multiple Choice

In the binary dependent variable model, a predicted value of 0.6 means that

A) the most likely value the dependent variable will take on is 60 percent.
B) given the values for the explanatory variables, there is a 60 percent probability that the dependent variable will equal one.
C) the model makes little sense, since the dependent variable can only be 0 or 1.
D) given the values for the explanatory variables, there is a 40 percent probability that the dependent variable will equal one.