Economy, asked by nashalidk, 4 months ago

Pros and cons of a linear probability model

Answers

Answered by rajputnsr906

Answer:

Explanation:

Pros and cons of a linear probability model

Answered by upendra44506

Answer:

The main disadvantage of the LPM that is described in textbooks is that the true relationship between a binary outcome and a continuous explanatory variable is inherently nonlinear.

Previous Question

Next Question

Similar questions

Chemistry, 2 months ago

At 500 °C, hydrogen iodide decomposes according to 2HI(g)↽−−⇀H2(g)+I2(g)2HI(g)↽−−⇀H2(g)+I2(g) For HI(g)HI(g) heated to 500 °C in a 1.00 L reaction vessel, chemical analysis determined these concentrations at equilibrium: [H2]=0.326 M[H2]=0.326 M , [I2]=0.326 M[I2]=0.326 M , and [HI]=2.76 M[HI]=2.76 M . If an additional 1.00 mol of HI(g)HI(g) is introduced into the reaction vessel, what are...

Economy, 2 months ago

causes for growth of public finance of wagnar's law...

Physics, 2 months ago

The radius of 6400 km and its mass is 5.98 ×10 ^24 kg. What is the density of the earth?

English, 4 months ago

V) Write the correct answer in the square : m, m, m. m, d 2d (i) (ii) If this F= x [Fig. (i)] then, [Fig. (ii)] F =...

English, 4 months ago

pls ᴀɴsᴡᴇʀ ғᴀsᴛ . Hᴀᴠᴇ ᴀ ɢᴏᴏᴅ ᴅᴀʏ ᴅᴇᴀʀ . ᴀɴᴅ ᴍʏ ᴅᴇᴀʀ ғʀɪᴇɴᴅs .

English, 10 months ago

Interview between news repoter and nick...

History, 10 months ago

Mention and explain 6 factors led to the rise of Buganda kingdom...

Math, 10 months ago

Rules - Read Carefully - Rack your brains 1) You will receive 5 pdfs and one intro file. Each pdf contains a question and is protected by a password. 2) Answer to the first pdf will unlock the second and in similar fashion, previous questions' answer will open next pdfs. 3) Answers in word needs to be in small letters only example "natural" 4) Answers in numbers need to be digits like "786" 5)...