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I know binary variables are not supposed to be modelled using linear regression models. However, I have come across many journal reviewers that prefer the so-called "linear probability model"....
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Good day, For simplicity, lets say I have a model that looks like this: Y= X1+ X1*X1+X2 in which, clearly, X1 is a quadratic term. Now, I want to estimate the interaction: X1*X2. I have a heated...
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