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Suppose that the linear probability model yields a predicted value of Y that is equal to 1.3. Explain why this is nonsensical. A. The predicted value of Y must be between 0 and 1. B. The predicted value of Y is a positive number. C. The predicted value of Y is too low. D. The predicted value of Y is not an integer.

Respuesta :

The predicted value of Y must be between 0 and 1.

A linear probability model (LPM) is a regression model where the outcome variable is a binary variable, and one or more explanatory variables are used to predict the outcome. Explanatory variables can themselves be binary, or continuous.

Suppose, that the linear probability model yields a predicted value of Y that is equal to 1.3.

This is nonsensical because

The predicted value of Y must be between 0 and 1.

Learn more about linear probability  model here https://brainly.com/question/23892227

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