You run a linear probability model of admission to college on SAT scores. You find a coefficient of 0.004 on SAT score, with a p-value of 0.02. You can conclude that:
A. Taking the SATs is associated with a 0.4% increase in admission that is significant at the 5% level.
B. There is an increase in the probability of admission that is significant, but you cannot interpret the magnitude.
C. A one point increase in SAT scores raises the predicted probability of admission by 0.4%.
D. A one point increase in SAT scores raises the predicted probability of admission by 0.4 percentage points.
Answer: D. A one point increase in SAT scores raises the predicted probability of admission by 0.4 percentage points.