Estimating a Probit or Logit Model Via Maximum Likelihood Involves

question 45

Multiple Choice

Estimating a probit or logit model via maximum likelihood involves all of the following except for what?

• A) Choosing a determining function
• B) Characterizing a likelihood function given choices about the distribution of observables
• C) Setting up the moment conditions
• D) Finding the coefficient estimates that maximize the likelihood function

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