171.Which statement is true about probability estimation methods
A. Probit regression has a flatter distribution than logistic regression.
B. Linear probability model has constant marginal effects and hetroscedastic variance of error term
C. Both probit and logit regression models follow the same standard normal distributions
D. All models (Linear probability model, probit and logit model) has fixed marginal effects for different independent variable values.
Answer:B
A. Probit regression has a flatter distribution than logistic regression.
B. Linear probability model has constant marginal effects and hetroscedastic variance of error term
C. Both probit and logit regression models follow the same standard normal distributions
D. All models (Linear probability model, probit and logit model) has fixed marginal effects for different independent variable values.
Answer:B