Question: Emily estimates a probit regression setting her dependent variable to equal Y 1 for a purchase and Y 0 for no purchase. Using
Emily estimates a probit regression setting her dependent variable to equal Y Æ 1 for a purchase and Y Æ 0 for no purchase. Using the same data and regressors, Jacob estimates a probit regression setting the dependent variable to equal Y Æ 1 if there is no purchase and Y Æ 0 for a purchase.
What is the difference in their estimated slope coefficients?
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