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In the Probit Model Pr(Y=1=Φ(β0+β1X),Φ\operatorname { Pr } \left( Y = 1 \mid = \Phi \left( \beta _ { 0 } + \beta _ { 1 } X \right) , \Phi \right.

Question 31

Multiple Choice

In the probit model Pr(Y=1=Φ(β0+β1X) ,Φ\operatorname { Pr } \left( Y = 1 \mid = \Phi \left( \beta _ { 0 } + \beta _ { 1 } X \right) , \Phi \right.


A) is not defined for Φ(0) \Phi ( 0 )
B) is the standard normal cumulative distribution function.
C) is set to 1.96 .
D) can be computed from the standard normal density function.

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