Applying an OLS Regression Equation to a Binary Dependent Variable

question 5

Multiple Choice

Applying an OLS regression equation to a binary dependent variable is called a ______.

• A) logistic regression model
• B) linear probability model
• C) ordinary least-squares model
• D) probit regression model.

Understand the concepts of absolute threshold and just noticeable difference.

Distinguish between sensation and perception and their physiological and psychological aspects.

Identify and explain the phenomenon of sensory adaptation.

Describe the process and implications of signal detection theory.

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Definitions:

Understanding Logic

The cognitive skill of recognizing, applying, and reasoning with concepts of formal and informal logic, critical for problem-solving and decision-making.

Concrete

A material made from a mixture of broken stone or gravel, sand, cement, and water, which can harden into a strong building material.

Abstract

Pertaining to ideas or concepts that are not concrete or tangible, often requiring thought and interpretation.

Recognizing Irony

The ability to understand when a statement is used to convey a meaning that is opposite to its literal meaning, often for humorous or emphatic effect.