In Estimating a Probit or Logit Model It Is Typical

question 21

Multiple Choice

In estimating a probit or logit model it is typical to maximize which objective function?

• A) T-statistic
• B) Likelihood
• C) Least squares
• D) Adjusted R-squared

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Definitions:

Abolitionists

Individuals and groups that advocated for the immediate ending of slavery, active chiefly in the United States and Britain from the late 18th century to the Civil War.

Immediate Abolition

The radical 19th-century movement demanding the immediate end to slavery without compensation to slave owners or gradual emancipation.

Equal Rights

The principle of granting all individuals the same legal rights, privileges, and opportunities, regardless of distinctions such as race, gender, or religion.

African-Americans

Refers to citizens or residents of the United States who have ancestry from any of the black racial groups of Africa.