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#40 Qualitative Response Models | Linear Probability Model | Logit & Probit Models | Part 1
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YouTubeNPTEL-NOC IITM
#40 Qualitative Response Models | Linear Probability Model | Logit & Probit Models | Part 1
Welcome to 'Environmental & Resource Economics' course ! This lecture introduces qualitative response models, also known as dummy dependent variable models or binary response models. It explains why these models are used when the dependent variable is qualitative in nature and provides examples of research questions that can be addressed using ...
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