Probit ("probability unit") regression is a classical machine learning technique that can be used for binary classification -- predicting an outcome that can only be one of two discrete values. For ...
The Clark approximation, in which the maximum of two normally distributed random variables is approximated by a third normally distributed random variable, forms the basis of a relatively inexpensive ...
The data for this example are from Ezzet and Whitehead (1991), who describe a crossover experiment on two groups of patients using two different inhaler devices (A and B). Patients from group 1 used ...
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and is the normal probability function. This is the likelihood function for a binary probit model. This likelihood is strictly positive so that you can take a square root of and use this as your ...
This is a preview. Log in through your library . Abstract I consider an ordered probit model in which some of the observations in one of the categories are missing. The model can be estimated because ...
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