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 ...
Probit regression is very similar to logistic regression and the two techniques typically give similar results. Probit regression tends to be used most often with finance and economics data, but both ...
This is a preview. Log in through your library . Abstract Mixed probit models are widely applied in many fields where prediction of a binary response is of interest. Typically, the random effects are ...