In the Probit Model Pr(Y = 1 | X₁, X₂

question 4

Multiple Choice

In the probit model Pr(Y = 1 | X₁, X₂,..., X_k) = ?(?₀ + ?₁X₁ + ?_xX₂ + ... + ?_kX_k) ,

• A)the ?'s do not have a simple interpretation.
• B)the slopes tell you the effect of a unit increase in X on the probability of Y.
• C)?₀ cannot be negative since probabilities have to lie between 0 and 1.
• D)?₀ is the probability of observing Y when all X's are 0

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Definitions:

Intestines

Tubular digestive system organs responsible for nutrient absorption and waste elimination.

Reproductive Organs

Organs involved in the production of gametes (sperm and eggs) and in supporting the processes of fertilization, pregnancy, and childbirth.

Homeostasis

The ability of a living organism to maintain stable internal conditions despite changes in the external environment.

Circulatory System

The body's system responsible for the transport of blood, nutrients, gases, and wastes throughout the body, involving the heart and blood vessels.