Probit ("probability unit") regression is a classical machine learning technique that can be used for binary classification -- predicting an outcome that can only be one of two discrete values. For ...
Journal of Applied Econometrics, Vol. 34, No. 6 (September/October 2019), pp. 994-1015 (22 pages) The purpose of this paper is to provide guidelines for empirical researchers who use a class of ...
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