Multiple Choice
Appropriate modelling of limited dependent variables that are assigned numerical values having a natural ordering can be done using:
(I) Probit models
(II) Logit models
(III) Ordered probit models
(IV) Ordered logit models
A) I only
B) I and II only
C) II and III only
D) III and IV only
Correct Answer:
Verified
Correct Answer:
Verified
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