A Potential Shortcoming of the Probit/logit Models Is That to Get

Multiple Choice

A potential shortcoming of the probit/logit models is that to get consistent estimates of the parameters:

A) the unobservables must be distributed via the standard normal (for probit) and logistically (for the logit) .
B) coefficient estimates cannot be evaluated against alternative hypotheses.
C) the determining function must be linear.
D) moment conditions are required for each parameter to be estimated.