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A Model Y = β0 + β1x + ε, in Which

question 78

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A model y = β0 + β1x + ε, in which y is a binary variable, is called a linear probability model.


Definitions:

Self-Actualization

A concept in humanistic psychology referring to the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

External Locus of Control

The belief that one's outcomes in life are controlled by external factors beyond their personal control.

Human Agency

The capacity of individuals to act independently and make choices, influencing their environment and their own lives.

Reciprocal Determinism

The theory that a person's behavior is both influenced by and influences their personal factors and the environment.

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