Multiple Choice
To measure the fit of the probit model,you should:
A) use the regression R2.
B) plot the predicted values and see how closely they match the actuals.
C) use the log of the likelihood function and compare it to the value of the likelihood function.
D) use the fraction correctly predicted or the pseudo R2.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: In the binary dependent variable model, a
Q5: (Requires Appendix material)The following are examples of
Q6: The logit model can be estimated and
Q7: The estimated logit regression in your textbook
Q9: E(Y <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2833/.jpg" alt="E(Y X1,...
Q11: A study tried to find the determinants
Q12: In the probit model Pr(Y = 1
Q13: The population logit model of the binary
Q26: The following problems could be analyzed using
Q37: Sketch the regression line for the linear