Both OLS and probit models require that the error term be normally distributed.
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Q1: A dichotomous dependent variable signifies that an
Q3: Maximum Likelihood Estimation (MLE) uses t-tests, just
Q4: We can use OLS to estimate a
Q5: Probit and logit coefficients are interpreted the
Q6: Which of the following is an appropriate
Q7: Which of the following is an appropriate
Q8: In order to run a hypothesis test
Q9: Which of the following is the equation
Q10: In a probit model, the interpretation of
Q11: Which of the following is a characteristic
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