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:

American Sign Language

A complete, natural language that utilizes hand movements, gestures, and facial expressions for communication, primarily used by the deaf community in the United States.

Deaf Culture

A set of social beliefs, behaviors, art, literary traditions, history, values, and shared institutions of communities that are influenced by deafness and which use sign languages as the main means of communication.

Interpreting Needs

The requirement for translation or explanation of spoken or signed languages, particularly in contexts where communication barriers exist.

Background Influence

The impact of an individual's upbringing, culture, education, and experiences on their behavior and beliefs.