In probit regression, the link function is the standard normal cdf (x) = P(Z x), where
Question:
(a) Write out the likelihood function and show how to solve for the MLEs of α and β.
(b) Fit the probit model to the data of Table 12.3.1. Comment on any differences from the logistic fit.
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a The likelihood equations and solution are the same as in Example 1231 with the ...View the full answer
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