In the probit model $\operatorname { Pr } \left( Y = 1 \mid = \Phi \left( \beta _ { 0 } + \beta _ { 1 } X \right) , \Phi \right.$
A) is not defined for $\Phi ( 0 )$
B) is the standard normal cumulative distribution function.
C) is set to 1.96 .
D) can be computed from the standard normal density function.

Question

In the probit model $\operatorname { Pr } \left( Y = 1 \mid = \Phi \left( \beta _ { 0 } + \beta _ { 1 } X \right) , \Phi \right.$
A) is not defined for $\Phi ( 0 )$
B) is the standard normal cumulative distribution function.
C) is set to  1.96 .
D) can be computed from the standard normal density function.

Quizplus · Accepted Answer

The Answer is B

In the Probit Model Pr⁡(Y=1∣=Φ(β0+β1X),Φ\operatorname { Pr } \left( Y = 1 \mid = \Phi \left( \beta _ { 0 } + \beta _ { 1 } X \right) , \Phi \right.Pr(Y=1∣=Φ(β0​+β1​X),Φ

In the Probit Model $\operatorname { Pr } \left( Y = 1 \mid = \Phi \left( \beta _ { 0 } + \beta _ { 1 } X \right) , \Phi \right.$