Question

When is a probit model preferred to a logit model?

Accepted Answer

A)  Use probit when the independent variables are whole numbers 
B)  Use probit when the dependent variable ranges from -1 to 1. 
C)  Use probit in all cases since it gives slightly more accurate results than logit. 
D)  There is generally no clear reason to pick one over the other as models produce similar results. 
A)  Use probit when the independent variables are whole numbers 
B)  Use probit when the dependent variable ranges from -1 to 1. 
C)  Use probit in all cases since it gives slightly more accurate results than logit. 
D)  There is generally no clear reason to pick one over the other as models produce similar results.

When is a probit model preferred to a logit model?

The Quest for Causality

Stats in the Wild: Good Data Practices

Bivariate Ols: the Foundation of Econometric Analysis

Hypothesis Testing and Interval Estimation: Answering Research

Multivariate Ols: Where the Action Is

Dummy Variables: Smarter Than You Think

Specifying Models

Using Fixed Effects Models to Fight Endogeneity in Panel Data a

Instrumental Variables: Using Exogenous Variation to Fight Endogen

Experiments: Dealing With Real-World Challenges

Regression Discontinuity: Looking for Jumps in Data

Time Series: Dealing With Stickiness Over Time

Advanced Ols

Advanced Panel Data

Filters

Exam 12: Dummy Dependent Variables

When is a probit model preferred to a logit model?

The Quest for Causality

Stats in the Wild: Good Data Practices

Bivariate Ols: the Foundation of Econometric Analysis

Hypothesis Testing and Interval Estimation: Answering Research

Multivariate Ols: Where the Action Is

Dummy Variables: Smarter Than You Think

Specifying Models

Using Fixed Effects Models to Fight Endogeneity in Panel Data a

Instrumental Variables: Using Exogenous Variation to Fight Endogen

Experiments: Dealing With Real-World Challenges

Regression Discontinuity: Looking for Jumps in Data

Time Series: Dealing With Stickiness Over Time

Advanced Ols

Advanced Panel Data

Filters