What is the difference between logit and probit LPM?
I'm trying to understand the distinction between logit and probit LPM. I know they are both used in statistical modeling, but what sets them apart from each other in terms of their approach and application?
How do I choose probit or logit?
I'm trying to decide between using probit or logit for my analysis. I'm not sure which one is more suitable for my data and the problem I'm trying to solve. Can someone help me understand the differences and how to make a choice?
What is the inverse of probit?
I'm trying to understand the concept of probit and its inverse. Specifically, I want to know what the inverse of probit is and how it's used in statistical analysis or modeling.
Is probit or logit better?
I'm trying to decide between using probit and logit for my statistical analysis. I want to know which one is better suited for my needs.
What is the difference between probit and logit in R?
I'm trying to understand the distinction between probit and logit in the R programming language. Specifically, I want to know how they differ in terms of their usage, interpretation, and the assumptions they make about data.