KatanaSharp
Wed Oct 02 2024
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7 answers
1462
What are the advantages of the probit model?
Could you elaborate on the merits of the probit model? I'm particularly interested in how it outperforms other statistical approaches in terms of predicting binary outcomes, handling non-linear relationships, and interpreting the results in a straightforward manner. Additionally, how does it compare to logistic regression, and what specific advantages does it offer in the realm of finance and cryptocurrency analysis?
