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Mc CONCEPTUAL QUESTIONS Graw Hill comeat 1. Which of the following could reasonably be categorized as a limited dependent variable? (LO1) a. Firm revenue b.

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Mc CONCEPTUAL QUESTIONS Graw Hill comeat 1. Which of the following could reasonably be categorized as a limited dependent variable? (LO1) a. Firm revenue b. Number of automobiles owned by a household c. Number of firm employees d. Whether an individual is unemployed e. Whether an employee was promoted last year 2. Which of the following could be categorized as a dichotomous dependent variable? (LO1) a. Firm revenue b. Whether an individual is unemployed c. Number of automobiles owned by a household d. If a household viewed a new shoe ad e. Firm profits 3. Suppose Y is a dichotomous dependent variable, and the data-generating process for Y can be

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