The _______ is the most easily interpretable method for doing a multiple regression with a dummy dependent variable.
A)Curvilinear regression fit
B)Linear probability model
C)Sequential fit model
D)Allocated effects model

Question

Quizplus · Accepted Answer

The Linear Probability Model (LPM) is the most straightforward and easily interpretable method for conducting a multiple regression analysis when the dependent variable is a dummy (binary) variable. It models the probability of the dependent variable being 1 as a linear function of the independent variables.

The _______ Is the Most Easily Interpretable Method for Doing