Linear probability model: Difference between revisions

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In [[statistics]], a '''linear probability model''' is a special case of a [[binomial regression]] model. Here the [[dependent and independent variables|observed variable]] for each observation takes values which are either 0 or 1. The probability of observing a 0 or 1 in any one case is trearedtreated as depending on one or more [[dependent and independent variables|explanatory variables]]. For the "linear probability model", this relationship is a particularly simple one, and allows the model to be fitted by [[simple linear regression]].

==The model==