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Back to the Basics: Probit Regression
Towards Data Science - Medium towardsdatascience.com
A crucial method in binary outcome analysis
Whenever we face any task related to analyzing binary outcomes, we often think of logistic regression as the go-to method. That’s why most articles about binary outcome regression focus exclusively on logistic regression. However, logistic regression is not the only option available. There are other methods, such as the Linear Probability Model (LPM), Probit regression, and Complementary Log-Log (Cloglog) regression. Unfortunately, there is a lack of articles …
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