Question: Label each statement below TRUE or FALSE. (A) R-squared is not a good measure of fit for a linear probability model. (B) A logistic model

Label each statement below TRUE or FALSE.

(A) R-squared is not a good measure of fit for a linear probability model.

(B) A logistic model can yield a predicted value for the dependent variable that is equal to one, but never greater than one.

(C) A linear probability model can yield a predicted value for the dependent variable that is equal to one, but never greater than one.

(D) R-squared is not valid in regressions including dummy independent variables.

(E) R-squared is invalid in regressions including dummy dependent variables.

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