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- 1. Let's estimate the following model using the linear probability model (LPM) to understand the probability of married or not for young adults (4
- 1. Let's estimate the following model using the linear probability model (LPM) to understand the probability of married or not for young adults (4 points): Model 1: Y=b0+b1X, +e, where Yi = 1 : married, = 0 : not married (married) Xi = the annual income from wage and salary in $10000 (income)
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