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When Estimating Probit and Logit Models, A tt -Statistic Should Still Be Used for Testing a Single Restriction

question 32

Short Answer

When estimating probit and logit models, a. the tt -statistic should still be used for testing a single restriction.
b. you cannot have binary variables as explanatory variables as well.
c. FF -statistics should not be used, since the models are nonlinear.
d. it is no longer true that the Rˉ2<R2\bar { R } ^ { 2 } < R ^ { 2 } .


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