What is an example of a logit and probit model?
I'm looking for an explanation of logit and probit models, specifically an example that illustrates each one. I want to understand how these models are used and what they represent.
How do I choose between logit and probit?
I'm trying to decide whether to use logit or probit for my statistical analysis. I'm not sure which one is more suitable for my data and the type of outcomes I'm predicting. Could someone explain the difference and help me make a choice?
When to use probit?
I'm wondering about the appropriate situations to use probit. Should it be used for specific types of data or when certain assumptions are met? Looking for guidance on when probit is the right choice.
What is the assumption of probit?
I am studying statistical models and came across probit model. I want to understand the fundamental assumption behind this model. What does the probit model assume about the data and the relationship between variables?
Does ProBit need KYC?
I am considering using ProBit and I am wondering if they require KYC. I know some exchanges do and some don't, so I am just trying to figure out if ProBit is one of them that needs it.