Logit and Probit Models Are More Appropriate Than Linear Probability

question 7

Multiple Choice

Logit and probit models are more appropriate than linear probability models because:

• A) Logit and probit can estimate probabilities that are negative
• B) Logit and probit cannot estimate probabilities that are greater than one
• C) Logit and probit cannot estimate probabilities that are negative but not greater than one
• D) Logit and probit cannot estimate probabilities that are negative or greater than one

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Definitions:

Constructive Relationship

A type of relationship characterized by positive, supportive interactions that contribute to the personal growth and well-being of the individuals involved.

Constructively

In a way that is helpful, positive, or beneficial, often contributing to the improvement or development of something.

Selfishly

Acting with primary concern for one's own interest or benefit, often at the expense of others.

Overstating

The action of exaggerating or making something seem more important or significant than it actually is.