The Major Shortcoming of the General Linear Probability Model Y

question 59

Multiple Choice

The major shortcoming of the general linear probability model y = β₀ + β₁x₁ + β₂x₂ + ∙∙∙+ β_kx_1k + 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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