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5. Which of the following statement is true about Linear Probability Model? (4pts) A. Since it is homoskedastic, it is a very useful model. B.

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5. Which of the following statement is true about Linear Probability Model? (4pts) A. Since it is homoskedastic, it is a very useful model. B. Since it is heteroskedastic, it is not a very useful model. C. Even though it is heteroskedastic, it is still a very useful model because that is not a very serious problem. D. Even though it is homoskedastic, it is still not a very useful model due to the other issues it has

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