The logit model assumes what sort of distribution for the unobservables?
A) Standard normal distribution
B) T-distribution
C) Logistic distribution
D) Exponential distribution

Question

Quizplus · Accepted Answer

The logit model assumes a logistic distribution for the unobservables, which is central to its formulation and distinguishes it from other models like the probit model, which assumes a standard normal distribution.

The Logit Model Assumes What Sort of Distribution for the Unobservables