​The Difference Between the LPM Model and the Logit and Probit

question 15

Multiple Choice

​The difference between the LPM model and the logit and probit models is that:

• A)​the LPM assumes constant marginal effects for all the independent variables, while the logit and probit models imply diminishing magnitudes of the partial effects.
• B)​the LPM assumes constant marginal effects for some of the independent variables, while the logit and probit models imply diminishing magnitudes of the partial effects.
• C)​the LPM assumes constant marginal effects for the dependent variable, while the logit and probit models imply diminishing magnitudes of the partial effects.
• D)​the LPM assumes different marginal effects for all independent variables, while the logit and probit models imply diminishing magnitudes of the marginal effects.

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Definitions:

IR

An abbreviation for infrared spectroscopy, a method for studying molecules by observing their interaction with infrared light to identify chemical bonds and functional groups.

Medium

An environment or substance in which other materials or reactions are hosted or take place, potentially affecting their properties.

Doublet

An NMR signal that is split into two peaks of equal intensity, indicating the presence of a neighboring proton with a spin-spin coupling effect.

NMR

Nuclear magnetic resonance, a spectroscopic technique used to observe the local magnetic fields around atomic nuclei, valuable in structural determination of molecules.