In the linear probability model, the interpretation of the slope coefficient is
A) the change in odds associated with a unit change in X, holding other regressors constant.
B) not all that meaningful since the dependent variable is either 0 or 1.
C) the change in probability that Y=1 associated with a unit change in X, holding others regressors constant.
D) the response in the dependent variable to a percentage change in the regressor.
Ans: C) the change in probability that Y=1 associated with a unit change in X, holding others regressors constant.
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A market structure in which one firm makes up the entire market is:
A. perfect competition. B. monopolistic competition. C. an oligopoly. D. a monopoly.
Corporate power comes from the people who voluntarily agree to comply with a leader's proposal. Formal authority and control over a company's budgets and resources are some sources of corporate power. Corporate power also comes from the people who voluntarily agree to comply with a leader's proposal. Which one is most important for the successful functioning of today's corporate management?
What will be an ideal response?