Probit coefficients are typically estimated using
A) the OLS method
B) the method of maximum likelihood
C) non-linear least squares (NLLS)
D) by transforming the estimates from the linear probability model
Answer: B) the method of maximum likelihood
Economics
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The assumption of rational self-interest does not rule out the possibility of concern for other individuals
a. True b. False
Economics
A rightward shift in the demand curve for tennis balls could be caused by
A) a fall in the price of tennis balls. B) a fall in the price of tennis rackets. C) a rise in the price of tennis lessons. D) a fall in income, assuming tennis balls are a normal good.
Economics