The Primary Difference Between the Probit and Logit Model Is

question 37

Multiple Choice

The primary difference between the probit and logit model is the:

• A) probit model uses a latent variable convention that the logit model does not.
• B) probit model suffers from a heteroscedasticity problem while the logit does not.
• C) choice of distribution for the unobservables.
• D) probit model identifies causal effects, while the logit model identifies correlations.

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