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What is the tobit model

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Reference no: EM131530087

Question: 1. Explain the meaning of each of the following terms.

(a) Seasonal dummy variables.

(b) Dummy dependent variables.

(c) Linear probability model.

(d) Linear discriminant function.

(e) Logit model.

(f) Probit model.

(g) Tobit model.

(h) Truncated regression model.

2. Explain how you would use dummy variables for generating predictions from a regression model.

Reference no: EM131530087

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