The primary difference between the probit and logit model is the:

A. choice of distribution for the unobservables.
B. probit model uses a latent variable convention that the logit model does not.
C. probit model identifies causal effects, while the logit model identifies correlations.
D. probit model suffers from a heteroscedasticity problem while the logit does not.


Answer: A

Biology & Microbiology

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