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For the Linear Probability Model Y = β0 + β1x

Question 3

True/False

For the linear probability model y = β0 + β1x + ε,the predictions made by For the linear probability model y = β<sub>0</sub> + β<sub>1</sub>x + ε,the predictions made by = b<sub>0</sub> + b<sub>1</sub>x can be always interpreted as probabilities. = b0 + b1x can be always interpreted as probabilities.

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