The Logit Model Can Be Estimated and Yields Consistent Estimates

question 6

Multiple Choice

The logit model can be estimated and yields consistent estimates if you are using

• A)OLS estimation.
• B)maximum likelihood estimation.
• C)differences in means between those individuals with a dependent variable equal to one and those with a dependent variable equal to zero.
• D)the linear probability model.

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Definitions:

Calibrated

Adjusted or marked with measurements for use in accurate determination of quantities or comparisons.

Insulin

A hormone that regulates the amount of sugar in the blood by facilitating its entry into the cells.

Rubber Diaphragm

A flexible disc made of rubber or silicone used in devices, such as contraceptive diaphragms or mechanical parts, to create a seal or control flow.

Vial

A small glass bottle with a self-sealing rubber stopper.