Cryptocurrency Q&A What is the equation for the probit model?

What is the equation for the probit model?

Margherita Margherita Wed Oct 09 2024 | 6 answers 1076
Could you please elaborate on the equation for the probit model? I'm curious to understand how it works and how it's used in the field of finance and cryptocurrency. Specifically, how does it help in predicting the probability of a certain outcome, such as the success of a cryptocurrency project or the direction of market trends? I'm looking forward to hearing your insights on this topic. What is the equation for the probit model?

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