If a simple linear model for a probability predicts values outside the [0,1] interval, what is the standard corrective approach?

Master the Casualty Actuarial Society MAS-1 Exam with flashcards and multiple choice questions, hints, and explanations. Get prepared for your exam!

Multiple Choice

If a simple linear model for a probability predicts values outside the [0,1] interval, what is the standard corrective approach?

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