When Having a Choice of Which Estimator to Use with a Binary

question 20

Multiple Choice

When having a choice of which estimator to use with a binary dependent variable, use

• A)probit or logit depending on which method is easiest to use in the software package at hand.
• B)probit for extreme values of X and the linear probability model for values in between.
• C)OLS (linear probability model)since it is easier to interpret.
• D)the estimation method which results in estimates closest to your prior expectations.

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Definitions:

Nonsynonymous Mutation

A type of DNA mutation that results in a change in the amino acid sequence of a protein.

Genetic Drift

The process by which allele frequencies in a population change due to chance events, affecting small populations more significantly.

Codon

A sequence of three nucleotides in mRNA that specifies a particular amino acid or termination signal during protein synthesis.

Natural Selection

Natural selection is a mechanism that can lead to adaptive evolution, whereby differences in the phenotypes of individuals cause some of them to survive and reproduce more effectively than others and therefore outcompete them.