New subject: [gov2001-l] standard probit is fine for pset

11 Apr 2006

Hi List,

A question of clarification for the problem set: what exactly do you mean by 
"predicted values" in the case of the probit model? i.e. in a continuous 
variable case it makes sense to predict the outcome variable, but this may not 
be very interesting here- should we be concentrating instead on the probability 
of seeing a particular outcome?

thanks,
Lucy

[gov2001-l] PS6: Expected values (part d)