Regression Models That Use a Binary Variable as the Response

question 97

True/False

Regression models that use a binary variable as the response variable are called binary choice models.

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Definitions:

Corporate Social Responsibility

Corporate Social Responsibility (CSR) is a business model in which companies integrate social and environmental concerns in their operations and interactions with their stakeholders.

Enough Power

Having adequate influence, authority, or resources to achieve specific goals or exert control in a given context.

Government Force

The use of governmental power and authority to enforce laws, regulations, or directives.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public, focusing on ethical, environmental, and philanthropic considerations.