When you have a multiple regression model with a binary dependent variable it is a __________.
A)dichotomous model
B)Bernoulli model
C)Linear Probability model
D)prediction model

Question

Quizplus · Accepted Answer

A multiple regression model with a binary dependent variable is referred to as a Linear Probability Model (LPM). This model uses linear regression to model the probability that the dependent variable equals 1.

When You Have a Multiple Regression Model with a Binary