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qwertyup23 qwertyup23
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6 years ago
When having a choice of which estimator to use with a binary dependent variable, use
 
  A) probit or logit depending on which method is easiest to use in the software package at hand.
  B) probit for extreme values of X and the linear probability model for values in between.
  C) OLS (linear probability model) since it is easier to interpret.
  D) the estimation method which results in estimates closest to your prior expectations.
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BlackfireluvBlackfireluv
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6 years ago
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qwertyup23 Author
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6 years ago
Smart ... Thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Correct Slight Smile TY
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