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 ...

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 ...

and is the normal probability function. This is the likelihood function for a binary probit model. This likelihood is strictly positive so that you can take a square root of and use this as your ...

This paper studies the determinants for the desirability of the public-private partnership (PPP) mode in infrastructure development. Design/methodology/approach – The author manually collects data on ...