The University has provided you with a dataset relating to 1,000 former students. Of a long list of variables in the data, one variable is IPi, which has a value of 1 if the i th student undertook an industrial placement and 0 otherwise. In modelling the impact of a range of student characteristics on the probability of an individual student under-taking an industrial placement: Explain why an Ordinary Least Squares model is inappropriate and suggest an alternative approach.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The University has provided you with a dataset
relating to 1,000 former students. Of a long list of
variables in the data, one variable is IPi, which has a
value of 1 if the i th student undertook an industrial
placement and 0 otherwise. In modelling the impact
of a range of student characteristics on the
probability of an individual student under-taking an
industrial placement:
Explain why an Ordinary Least Squares model is
inappropriate and suggest an alternative approach.
Transcribed Image Text:The University has provided you with a dataset relating to 1,000 former students. Of a long list of variables in the data, one variable is IPi, which has a value of 1 if the i th student undertook an industrial placement and 0 otherwise. In modelling the impact of a range of student characteristics on the probability of an individual student under-taking an industrial placement: Explain why an Ordinary Least Squares model is inappropriate and suggest an alternative approach.
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