What is the primary difference between ordered probit and ordered logit?
A)ordered logit requires assumption of independence of irrelevant alternatives,ordered probit does not
B)they make different assumptions about the distribution of coefficient estimates
C)ordered logit allows variables to vary by choice,ordered probit does not
D)they make different assumptions about the distribution of the error term

Question

Quizplus · Accepted Answer

The primary difference between ordered probit and ordered logit is the distributional assumption of the error term. Ordered probit assumes a normal distribution while ordered logit assumes a logistic distribution. Other differences, such as assumption of independence of irrelevant alternatives (A), varying variables by choice (C) and distribution of coefficient estimates (B) are not the primary distinguishing factors between the two models.

What Is the Primary Difference Between Ordered Probit and Ordered