Linear probability model: Difference between revisions

Revision as of 19:10, 28 July 2020

Revision as of 19:11, 28 July 2020

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A drawback of this model is that, unless restrictions are placed on <math> \beta </math>, the estimated coefficients can imply probabilities outside the [[unit interval]] <math> [0,1] </math>. For this reason, models such as the [[logit model]] or the [[probit model]] are more commonly used.

== See also ==

* [[Linear approximation]]

== References ==