When Estimating Probit and Logit Models

question 17

Multiple Choice

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 2 < R2.

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