Multiple Choice
A shortcoming of potentially using the probit/logit model when attempting to identify causal effects can include:
A) software to estimate the probit/logit model is not widely available.
B) the use of instrumental variables with probit/logit is difficult.
C) probit/logit models have a difficult time incorporating binary control variables.
D) hypothesis testing is all but impossible in probit/logit models.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: In the standard regression formula of Y<sub>i</sub>
Q6: Which of the following limitations of the
Q7: In estimating the linear probability model for
Q8: How does the interpretation of the coefficient
Q9: After estimating a probit model for the
Q11: The probit model assumes what sort of
Q12: After estimating a logit model for
Q13: If one ran the regression on whether
Q14: A natural latent variable for a probit
Q15: Which of the following variables would be