One of the Merits of the Linear Probability Model Is

question 20

Multiple Choice

One of the merits of the linear probability model is that it:

• A) is a stronger model of causality than two-stage least squares.
• B) does not require defining a determining function.
• C) is easy to summarize and use traditional linear regression model techniques.
• D) does not suffer from small sample issues.

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Definitions:

Flexible Benefit

A benefits plan that allows employees to choose from a range of options to create a package that best suits their personal needs and circumstances.

Organizational Performance

The analysis of a company's performance against its goals and objectives, often measured through financial, social, and environmental metrics.

Limitation

A restriction or boundary that defines the scope of something, potentially constraining actions, abilities, or developments.

Reward System

A set of mechanisms or programs designed to motivate and recognize employees' efforts, achievements, and performance.