In order to run a hypothesis test on multiple coefficients to check if they are different from one another (equal, bigger or smaller) in a probit model, we:
A) Use an F Test
B) Use a likelihood ratio test
C) Run multiple t-tests
D) Use a Chi-squared test

Question

Quizplus · Accepted Answer

A likelihood ratio test is used to compare the fit of two models, one of which is a special case of the other, and is appropriate for testing multiple coefficients in models like probit.

In Order to Run a Hypothesis Test on Multiple Coefficients