the question

In the binary dependent variable model, what does a predicted value of 0.6 mean? a. The model makes little sense, since the dependent variable can only be O or 1. ) b. The most likely value the dependent variable will take on is 60 percent. c. Given the values for the explanatory variables, there is a 40 percent probability that the dependent variable will equal one. d. Given the values for the explanatory variables, there is a 60 percent probability that the dependent variable will equal one