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When Estimating Probit and Logit Models

Question 17

Multiple Choice

When estimating probit and logit models,


A) the t-statistic should still be used for testing a single restriction.
B) you cannot have binary variables as explanatory variables as well.
C) F-statistics should not be used,since the models are nonlinear.
D) it is no longer true that the When estimating probit and logit models, A) the t-statistic should still be used for testing a single restriction. B) you cannot have binary variables as explanatory variables as well. C) F-statistics should not be used,since the models are nonlinear. D) it is no longer true that the 2 < R2. 2 < R2.

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