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R Statistical Application Development by Example Beginner's Guide by Prabhanjan Narayanachar Tattar

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Probit regression model

The probit regression model is constructed as a latent variable model. Define a latent variable, also called as auxiliary random variable, Probit regression model as follows:

Probit regression model

which is same as the earlier linear regression model with Y replaced by Probit regression model. The error term Probit regression model is assumed to follow a normal distribution . Then Y can be considered as 1 if the latent ...

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