Question: true or false Question 9 6 pts Logit and probit models are often preferrred to the linear probability model becuase the logit and probit models

true or false
Question 9 6 pts Logit and probit models are often preferrred to

Question 9 6 pts Logit and probit models are often preferrred to the linear probability model becuase the logit and probit models are guaranteed to have constant marginal effects when the outcome is binary. O True O False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!