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  3. Study Set
    Introduction to Econometrics Update
  4. Exam
    Exam 11: Regression With a Binary Dependent Variable
  5. Question
    The Probit Model
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The Probit Model

Question 3

Question 3

Multiple Choice

The probit model


A) is the same as the logit model.
B) always gives the same fit for the predicted values as the linear probability model for values between 0.1 and 0.9.
C) forces the predicted values to lie between 0 and 1.
D) should not be used since it is too complicated.

Correct Answer:

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