When estimating probit and logit models, A)the t-statistic should still be used for testing a single restriction. B)you cannot have binary variables as explanatory variables as well. C)F-statistics should not be used, since the models are nonlinear. D)it is no longer true that the $\bar { R }$ ²

Question

When estimating probit and logit models, A)the t-statistic should still be used for testing a single restriction. B)you cannot have binary variables as explanatory variables as well. C)F-statistics should not be used, since the models are nonlinear. D)it is no longer true that the $\bar { R }$ ² < R².

Quizplus · Accepted Answer

The t-statistic is still applicable for testing single restrictions in probit and logit models, as these models involve estimating coefficients similar to linear regression.

When Estimating Probit and Logit Models, A)the T-Statistic Should Still Rˉ\bar { R }Rˉ

When Estimating Probit and Logit Models,
A)the T-Statistic Should Still $\bar { R }$