In Probit and Logit models which of the following is true: а. Coefficients can be interpreted? b. Marginal effects have no interpretation? С. Coefficients are used to calculate probabilities? Marginal effects are used to calculate probabilities? d. Estimates are obtained by minimising the residual sum of squares? е.
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- This simulation generates random outcomes for probabilistic factors which imitate the randomness inherent in the original problem. а. Масго Еcono O b. Monte Carlo O. Multisim d. MatLABExplain probability and nonprobability samplingtechniques.The data from 200 machined parts are summarizedas follows:y yesdepth of boreE, noabovebelowedge conditioncoarsetarget15target10moderatesmooth25205080(a) What is the probability that a part selected has a moderateedge condition and a below-target bore depth?(b) What is the probability that a part selected has a moderateedge condition or a below-target bore depth?(c) What is the probability that a part selected does not have amoderate edge condition or does not have a below-targetbore depth?(d) Construct a Venn diagram representation of the events inthis sample space.
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