Question: IID data. (Yu, Xi) for i = 1, ..., n and Y; is binary. We have the probit model: Y; = 1(Y* 2 0) Y*

IID data. (Yu, Xi) for i = 1, ..., n and Y; is binary. We have the probit model: Y; = 1(Y* 2 0) Y* = X; Bo + Ei And they have independent errors E~N (0,1). And IID

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