The Major Shortcoming of the General Linear Probability Model Y

question 83

Multiple Choice

The major shortcoming of the general linear probability model y = β₀ + β₁x₁ + β₂x₂ + … + β_kx_k + ε, is that the predicted values of y can be sometimes ________.

• A) greater than 0 and less than 1
• B) at least 0 and no more than 1
• C) less than 1 but more than 0
• D) less than 0 or greater than 1

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