Label each statement below TRUE or FALSE. (A) R-squared is not a good measure of fit for
Question:
Label each statement below TRUE or FALSE.
(A) R-squared is not a good measure of fit for a linear probability model.
(B) A logistic model can yield a predicted value for the dependent variable that is equal to one, but never greater than one.
(C) A linear probability model can yield a predicted value for the dependent variable that is equal to one, but never greater than one.
(D) R-squared is not valid in regressions including dummy independent variables.
(E) R-squared is invalid in regressions including dummy dependent variables.
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Related Book For
Essential Econometric Techniques A Guide To Concepts And Applications
ISBN: 9781032101217,9781000538588
3rd Edition
Authors: Elia Kacapyr
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