Question: ( a ) Suppose you have a continuous latent variable Y * * that you want to make a function of a constant, a continuous

(a) Suppose you have a continuous latent variable Y** that you want
to make a function of a constant, a continuous variable x and a
dummy variable D. However, in your data you only observe a binary
version of Y** where Y=1 when Y**>0 and Y=0 otherwise. De-
velop a binary model (for a non-specific distribution .
 (a) Suppose you have a continuous latent variable Y** that you

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