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

question 32

Short Answer

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

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Definitions:

Bottom-Up Processing

An approach to information processing that starts with the sensory input and builds up to the final perception in a step-by-step process.

Sensory Receptors

Specialized cells or structures in the body that detect changes in the environment and convey information to the nervous system.

Optic Nerve

The nerve that transmits visual information from the retina to the brain.

Cerebral Cortex

The cerebral cortex is the outer layer of the cerebrum in the brain, playing a key role in consciousness, thought, emotion, reasoning, language, and memory.