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Mathematics, 06.04.2021 05:10 babyboo6745
In the binary dependent variable model, a predicted value of 0.6 means that A. the most likely value the dependent variable will take on is 60 percent. B. given the values for the explanatory variables, there is a 60 percent probability that the dependent variable will equal one. C. the model makes little sense, since the dependent variable can only be 0 or 1. D. given the values for the explanatory variables, there is a 40 percent probability that the dependent variable will equal one.
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In the binary dependent variable model, a predicted value of 0.6 means that A. the most likely value...
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