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  2. Topic
    Statistics
  3. Study Set
    Practical Econometrics
  4. Exam
    Exam 12: Limited Dependent Variables
  5. Question
    What Is a Probit Model? Why Is It More Appropriate
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What Is a Probit Model? Why Is It More Appropriate

Question 29

Question 29

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What is a probit model? Why is it more appropriate than OLS? Explain.

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The probit model is an alternative estim...

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