You are running a probability regression. If your data contains many outliers, you’d be better off using (A) A linear probability model. (B) Probit. (C) Logit. (D) Either probit or logit would work fine. (E) Any of the above regression models would work fine.

You are running a probability regression. If your data contains many outliers, you’d be better off using (A) A linear probability model. (B) Probit. (C) Logit. (D) Either probit or logit would work fine. (E) Any of the above regression models would work fine.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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