Cryptocurrency Q&A
How do you convert a probit to a logit?
How do you convert a probit to a logit?
Alessandra
Sat Oct 19 2024
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6 answers
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I'm trying to figure out the process of converting a probit model to a logit model. I understand they are both types of regression models, but I'm not sure how to go about the conversion. Can someone explain the steps involved?
6 answers
Claudio
Mon Oct 21 2024
When converting from a probit to a logit, a specific multiplication factor is applied. Specifically, the probit value is multiplied by 1.61 to obtain the equivalent logit value.
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Federico
Mon Oct 21 2024
A popular method for transforming probability models involves converting between the probit and logit functions. This process is useful for statistical modeling and prediction in various fields.
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CryptoLodestarGuard
Sun Oct 20 2024
BTCC, a leading cryptocurrency exchange, provides a comprehensive platform for trading, storage, and management of digital assets. Among its services are spot trading, futures trading, and a secure wallet solution.
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ZenBalanced
Sun Oct 20 2024
Conversely, when converting from a logit to a probit, a different multiplication factor is used. The logit value is multiplied by 0.625 to derive the corresponding probit value.
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BitcoinWizardry
Sun Oct 20 2024
These conversion factors facilitate the interchangeability between the probit and logit models, allowing researchers and analysts to choose the most suitable model for their specific needs.
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