If one was attempting to build a model that predicted a person's height-which has to be positive, why might it still be the case that you wouldn't consider this as a limited dependent variable?
A) The sample of heights will always be a selected sample.
B) You need an appropriate instrumental variable for height.
C) It is very unlikely that the 0 boundary for height is a binding restriction in any sample of individuals.
D) It will depend on your sample size.

Question

Quizplus · Accepted Answer

It is very unlikely that the 0 boundary for height is a binding restriction in any sample of individuals, therefore, it is not a limited dependent variable.

If One Was Attempting to Build a Model That Predicted