True/False: You are doing econometric analysis. If your dependent variable only takes on values of zero or one (for "no" and "yes"), and your independent variable has a continuous distribution, then regressing the dependent variable on the independent variable will unbiased coefficient and standard error estimates.

Answer:
False. There are many problems with such regressions. For example, the model will very likely suffer from severe heteroskedasticity, making standard error estimates biased.