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What is Probit Regression Model

Chapter 23
Encyclopedia of Business Analytics and Optimization
A regression where the dependent variable only takes two values corresponding to two classes of data. Class membership for an observation or instance is decided based on the probability specified by the normal cumulative distribution function.
Published in Chapter:
Bayesian Variable Selection
Oleg Okun (SMARTTECCO, Stockholm, Sweden)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch023
Full Text Chapter Download: US $37.50 Add to Cart
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