List 4 reasons why logit or probit is preferred when the dependent variable only takes on two

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List 4 reasons why logit or probit is preferred when the dependent variable only takes on two values.

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Cost Accounting A Managerial Emphasis

ISBN: 978-0136126638

13th Edition

Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav

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Posted Date: Aug 22, 2019 10:29 AM

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List 4 reasons why logit or probit is preferred when the dependent variable only takes on two

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Expert Answer:

The 4 reason are given below 1 The normal distribution and homogeneous error variance assumptions of ... View the full answer

Cost Accounting A Managerial Emphasis

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