Explain why the linear probability model exhibits heteroskedasticity.
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Explain why the linear probability model exhibits heteroskedasticity.
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The linear probability model LPM is a regression model commonly used for binary outcome variables where the dependent variable is either 0 or 1 It mod...View the full answer
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Related Book For
Principles Of Econometrics
ISBN: 9781118452271
5th Edition
Authors: R Carter Hill, William E Griffiths, Guay C Lim
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