The probit model
A) is the same as the logit model.
B) always gives the same fit for the predicted values as the linear probability model for values between 0.1 and 0.9.
C) forces the predicted values to lie between 0 and 1.
D) should not be used since it is too complicated.
Correct Answer:
Verified
Q1: The linear probability model is
A)the application of
Q2: In the binary dependent variable model, a
Q4: In the probit model Pr(Y = 1
Q5: (Requires Appendix material)The following are examples of
Q6: The logit model can be estimated and
Q7: In the expression Pr(deny = 1 |
Q8: In the expression Pr(Y = 1 |
Q9: (Requires material from Section 11.3 - possibly
Q10: (Requires Advanced material)Only one of the
Q11: The binary dependent variable model is an
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